To The Moon

I haven't been watching Nvidia (NVDA) closely for a while because I’ve had zero intention of buying it. For a long time, I’ve believed the stock was overvalued, and as a risk-averse investor, I tend to steer clear of soaring names priced for perfection.

But today, out of pure curiosity, I took a quick glance at the stock.

And I was stunned.

Nvidia is trading above $172. The last time I checked, it was significantly lower. I double-checked the 52-week range: $86.62 to $174.25. So yes, it's near its 52-week high.

NVIDIA (NVDA)

But that's not even the most jaw-dropping part.

$4.17 Trillion – The New King of Market Cap

As of Tuesday, July 15, Nvidia is the most valuable publicly traded company in the world, with a market capitalization of $4.17 trillion. Yes, you read that right.

To put that into perspective:

• Nvidia: $4.17 trillion

• Microsoft: $3.76 trillion

• Apple: $3.12 trillion

Let that sink in. A chipmaker that just a few years ago was seen as a niche GPU company is now bigger than Microsoft and Apple.

Even more staggering? In the past 5 years, Nvidia stock has skyrocketed 1,596.08%. That's nearly a 17x return in half a decade.

$10 Trillion? Whispers Are Starting

With Nvidia’s AI dominance, some investors and tech enthusiasts have begun to speculate—could this be the world’s first $10 trillion company?

It’s not a mainstream forecast (yet), but the idea is out there. The company is now seen as the backbone of the AI revolution, with its chips powering everything from large language models to autonomous systems and data centers

While Wall Street isn’t unanimously calling for $10 trillion, there's no denying the excitement and optimism surrounding Nvidia’s future. The company has become a symbol of the AI gold rush and the rally has taken on a life of its own.

My Take: Watching from the Sidelines

As incredible as all of this sounds, I’m still not a buyer. Not at these levels.

Here’s why:

• Valuation feels stretched. The stock is priced for near-perfection, and even small stumbles could trigger big pullbacks.

• Dividend yield is extremely low, which doesn’t align with my focus on income and stability.

• I'm risk-averse, and while Nvidia may still have room to run, I prefer to enter positions when the odds and valuations are more in my favor.

So no, I won't FOMO in. I’m not chasing the next 10x when it’s already up 16x.

The Bottom Line

Nvidia’s rise to the top is nothing short of historic.

For those who bought early and held strong, huge congratulations. You’ve won big, and you deserve it.

As for me? I’ll continue to watch from a distance, stick to my strategy, and wait patiently for the next opportunity that fits my risk profile.