Buying NVIDIA shares today costs you 40 times historical annual revenues. That's 40 years to get your money back, assuming $0 cost, 0% tax and a 100% payout ratio. Good luck! pic.twitter.com/tYUZc3Ito8
— Michal Stupavsky, CFA (@MichalStupavsky) June 20, 2023
Due to the fact that sell-side analysts' forward estimates are usually on the margin too optimistic and these get scaled significantly down over time normally.
— Michal Stupavsky, CFA (@MichalStupavsky) June 20, 2023
Expectations are high https://t.co/hHe5ArZb6Q
— Vlad from Bastion (@VladBastion) June 20, 2023
From extreme oversold back to extreme overbought.
We are witnessing peak Tesla. And imminent burial for the cult of Elon Musk. pic.twitter.com/Ov4DHbGOyr
— Mac10 (@SuburbanDrone) June 20, 2023
Here is where it gets interesting.
There were two big rallies in 2022.
And there have been two big rallies in 2023.
End result for bulls.
Dick in hand. pic.twitter.com/CiEn3t7vAd
— Mac10 (@SuburbanDrone) June 20, 2023