Stocks ultimately follow their fundamentals in the long run. Short-term trading is like a carrot dangling before a donkey, looks tempting but ultimately illusory. The only reliable way to profit is buying quality and holding with conviction. $NVIDIA(NVDA)$ has maintained P/E ratio between 50-60 for over a year, now trading at clearance sale prices. With current momentum, logical projection suggests 220-240 before next earnings call!
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