FredLee
2021-12-10

I think NVDA is a great company with good leadership, but they're overvalued. They have 25b in Rev with 11 billion in profits with growth of 20 to 25% ahead and selling at a 4x Qualcomms PE and FPE and Market cap. Qualcomm has a very similar growth forecast and has beaten the forecast the last 15 of 16 Quarters. Qualcomm has more Rev and just about the same profit of 11b. why would you own Nvidia a 800 billion market cap, crazy hi valuation compared to a Qualcomm 200 billion market cap with very similar profits, revenue and growth ahead.. The only thing Nvidia has on Qualcomm is margins 31% and Qualcomm is 26 which they believe by 2023 they will have those same margins. no brainer... It no longer makes sense to own these crazy hi valued stocks take my advice take profits in Nvidia and buy Qualcomm before it goes up 3x in the next 2 years....

$NVIDIA Corp(NVDA)$ $Qualcomm(QCOM)$

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