Tomorrow’s Friday Wrap Up is coming to you a day early, and in the form of an alert.
Because as you’ve likely seen in the news, Nvidia completely shattered all expectations in their earnings report yesterday.
Just look at that chart...
Nvidia’s current quarterly revenue towers over anything they’ve done in the past. And it’s finally reached the milestone we’ve been waiting for.
We first recommended them in February of last year at $197. They’re now trading at $1,050. That’s a 432% gain in 15 months. Nvidia has now accomplished everything (and more) that we had hoped when we first provided that recommendation. It’s for that reason that we’re closing our position. We hope you’ve been able to enjoy some of these gains and encourage you to consider taking some profits now that this goal has been reached.
For the record: we’re still bullish on Nvidia and its future prospects. We DO think they’ll continue to see significant growth down the road. (They are, after all, the unrivaled force of AI.) We don’t think that anyone investing new capital at these levels is foolish (and if you’re one of these investors, we wish you good luck on this next part of the journey).
But the fact remains that a key part of investing is to know when an investment has met your goal and reached your target. That moment has come for Profit Cycle Pro’s recommendation of Nvidia.
A 432% gain feels good — and we hope you’ve been able to benefit.
I’ve been working with my colleague Ryan Stancil on some new AI recommendations and we’ll bring you up to speed on those soon. So this won’t be the last, not by a long shot. Stay tuned!
Make it your own,
P.S. We’d love to hear about your Nvidia gains (or any other questions or comments you may have)! If you were able to profit from this recommendation, please send us an email at: profitcyclepro@digestpublishing.com