NVDA是当前最值得买入的股票，凭借竞争优势和售罄的供应，尽管存在竞争风险，其股价在12-18个月内有约55%的上涨空间至339美元。
逐段跳播
它是英伟达和AMD等公司的制造合作伙伴。
It is the manufacturing partner for companies such as Nvidia and AMD.
最后但同样重要的是英伟达，我估计其公允价值为339美元。当前市场价格为219美元，因此我计算出英伟达股票在未来12至18个月内将上涨约55%。
Last but not least, Nvidia, which estimated its fair value at $339. The current market price is $219, so I have calculated an increase of approximately 55% for Nvidia stock over the next 12 to 18 months.
英伟达的积极因素包括它向其他公司提到的AI提振，以及英伟达的竞争优势。英伟达是市场上唯一一家为构建数据中心的企业提供完整解决方案的公司。你不需要求助于任何其他供应商。你可以从英伟达获得CPU、GPU、网络、软件等一切。
可以说，这种集成解决方案至少比竞争对手领先一步。你也可以说它领先竞争对手两步，我不会不同意这一点。
Nvidia's positive factors include the AI boost it has cited to other companies, as well as Nvidia's competitive advantages. Nvidia is the only company in the market that offers a complete solution for organizations building data centers. You don't need to resort to any other suppliers. You can get the CPU, GPU, networking, software, everything from Nvidia. It can be said that this integrated solution is at least one step ahead of the competition. You could say it's two steps ahead of the competition, and I wouldn't disagree with that.
但英伟达的竞争优势是它在数据中心行业占据约80%至90%市场份额的原因之一，也是该公司产品今年和明年售罄的原因。管理团队最近预计下一财年将增长70%。这是在供应受限的情况下。全部数量都将售出。
管理团队表示，如果数量没有用完，他们在下一财年本可以产生高得多的收入。
But Nvidia's competitive advantages are one of the reasons it has captured an estimated 80 to 90% market share in the data center industry , and the reason the company's products are sold out this year and next year. The management team recently projected 70% growth in its next fiscal year . This is in light of supply constraints. The entire quantity will be sold . The management team said that if the quantities hadn't run out, they could have generated much higher revenues in the next fiscal year.
但事情并不总是一帆风顺。英伟达的一些负面因素包括竞争加剧。之前提到的一些大型云计算公司包括亚马逊、微软、Alphabet和MetaPlatforms。这些公司正在不同程度地投资自己的芯片，以减少对英伟达产品的依赖。
此外，AMD和英特尔等公司也在投资芯片。因此，英伟达面临日益激烈的竞争，这种竞争可能会扩大，因为这个行业利润丰厚，利润率巨大。
But things aren't always rosy. Some of the negative factors for Nvidia include increased competition. Some of the major cloud computing companies mentioned previously include Amazon, Microsoft, Alphabet , and MetaPlatforms. These companies are investing to varying degrees in their own chips to reduce their dependence on Nvidia products. In addition, companies like AMD and Intel are also investing in chips. Therefore, Nvidia faces increasing competition, which is likely to expand because this industry is very profitable with huge profit margins .
第二个下行因素是行业的经济性，Anthropic和OpenAI等公司亏损数十亿美元。投资者担心他们将无法履行对该行业各公司的义务，这可能导致整个行业崩溃，因为该行业从根本上依赖于OpenAI和Anthropic的成功。
这些问题自然导致了循环融资安排，因为OpenAI和Anthropic缺乏流动性来履行许多这些义务。因此，许多创新和复杂的安排被用来促进销售过程。这些临时销售已开始引起投资者越来越多的担忧。
The second downward factor is the economics of the industry, with companies such as Anthropic and OpenAI incurring losses of billions of dollars. Investors fear they will be unable to meet their obligations to various companies in the sector, which could lead to the collapse of the entire industry, given its fundamental dependence on the success of OpenAI and Anthropic. These questions naturally led to circular financing arrangements, given that OpenAI and Anthropic lacked the liquidity to meet many of these obligations. Therefore, many innovative and complex arrangements were used to facilitate sales processes. These temporary sales have begun to raise increasing concerns among investors.
但尽管存在这些挑战，我相信英伟达的股票代表着一个绝佳的机会。事实上，我的投资组合中持有英伟达股票。它是我投资组合中最大的资产，我将英伟达列为目前最值得买入的股票。
But despite these challenges, I believe that Nvidia's stock represents an excellent opportunity. In fact, I own Nvidia shares in my investment portfolio. It is the largest asset in my portfolio, and I rank Nvidia as the best stock to buy right now.
这个频道对 $NVDA 的历次判断
Parkev Tatevosian, CFA 在这只股票上共 7 条判断，这里只列相邻的几条。