I believe we might have a sleeper here in NVIDIA. The stock has moved sideways for a while since the ARM acquisition is on standby pending antitrust reviews in several countries and the outlook is rather negative on the subject because of complications with ARM China.
This vaguely reminds me of Tesla initially being denied inclusion in the S&P 500, the stock went flat and down for a few months and the market was "surprised" when S&P eventually included them, which they could have done at any time.
Also I think they are poised to capture a good chunk of self driving with a system similar to Tesla based on vision (no lidar) and machine learning (not geofenced), which doesn't seem priced in.
So yeah, this is just a hunch, not serious DD obviously but do you think NVDA is due for a good pop once the ARM buyout closes?
Edit/disclaimer: I am long NVDA ~ 10% of portfolio
Submitted January 21, 2021 at 03:57AM by titus65 https://ift.tt/3p4fqDN
