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04-08

Did You Regret Not Selling Your NVIDIA When It Hit $153? I Half Did—But Here’s Why I Loaded More Instead.

When NVIDIA flirted with $153 back in November 2024, I won’t lie—I was tempted to sell. Maybe you were too. The gains were insane, and who doesn’t like locking in profits?

Fast forward a few months, and things took a wild turn. Prices sank below $90, and it felt like the air got sucked out of the market. Did I regret not selling earlier? Half yes. But more importantly—I saw an opportunity.

If you’ve been following my earlier take on NVIDIA (read it here), you’ll know I’ve been bullish for a while. The fundamentals are still rock solid, and this correction? It’s just that—a correction.

So when NVIDIA dropped into the $80s, I snapped up more. Why?

Let’s look at the context:

Price perspective: This was one of the lowest points in the past year. The last time it went below $80—around $75—was in April 2024.

Why the drop?

1. Macroeconomic Challenges: Inflation fears and the Fed’s tightening policy made growth stocks like NVIDIA less attractive in the short term.

2. Geopolitical Risks: Tensions between the U.S. and China spooked investors, especially with potential export limits on AI chips.

3. Market Volatility: After a monster rally in 2024, some profit-taking and broader corrections were inevitable.

But here’s the key: these headwinds were present even when NVIDIA hit all-time highs in November.

So what changed? Not the fundamentals.

NVIDIA remains core infrastructure for the AI revolution. With generative AI models releasing faster than ever and compute demand growing by the month, NVIDIA’s position is only getting stronger.

That’s why I wasn’t surprised when Cathie Wood’s Ark Invest picked up 152,000 shares last week—worth $14.84 million at an average price of $98.

So here I am—loading up again when it was in the low $80s.

How about you? What’s a good price for NVIDIA in your eyes? Are you staying invested through the storm—or watching from the sidelines?

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