First of all:
I love NVDA and still hold a decent amount, but decided to sell >50% of my NVDA stock to buy SNDK and MU
Quick recap:
-Before 2023, I mostly held GOOG, AMZN, AAPL etc.
-in 2023 and 2024, I sold GOOG and the others and went all-in on NVDA, and obviously the stock was a rocket ship until november 2024, when it hit $148.
-in the 18 months since then, the stock is up 36%, which is fine, but obviously not super dynamic (which is understandable given its now 5T market cap)
-I started buying SNDK and MU in January 2026 and have accumulated since then
-yesterday, I sold >50% of my NVIDIA stock (>$1m) and bought SNDK and MU instead (I am aware that they have already run up like crazy, but I think there's still more upside.)
-i believe that NVIDIA has a bright future, will eventually reach a >10T market cap, but to me it's become value stock now (kind of like Apple), which is why I have significantly reduced my position
(one gripe I have with Jensen who I love: he admitted on a recent podcast that he regrets not having invested in Anthropic earlier. The rise of Anthropic has greatly contributed to the rise of ASICS / TPUs / Google / Broadcom. Jensen is awesome and no one is perfect, but that's definitely a mistake that he made).
How do you feel about NVDA as a value/growth stock?
Anyone here in a similar position?
I appreciate any thoughts and analysis.