Post-earnings sell-off despite a record quarter - buying the dip at the 50-day MA support with the AI capex trend intact and estimates still rising.
NVDA's quarter was a monster - yet the tape flipped it: the stock dumped 4.6% to $217.55 on the report, even though the street had ~$92B penciled for the July quarter, TTM revenue already sits at $303B growing +106% YoY, and every single estimate revision is pointing up. That's the definition of priced-for-perfection: at a $5.25T cap and 27.5x trailing P/E, traders banked profit instead of chasing good news.
On raw revenue, no - Walmart's ~$180B holiday quarters still hold the all-time crown. But on profit, this is very likely the most profitable quarter a single company has ever printed - ~64% net margins on that scale is unprecedented, and the street already expects $104B next quarter and $573.6B by FY2028, so the ceiling keeps moving up
Your dip-buy around $191.80 already printed - it tagged the $236.26 high and now sits at $217.55, right above the 50-day MA. This selloff reads like noise, not thesis-break: I'd reload the dip near $210 with a stop under the 200-day at $197.50, first target $230, stretch $245 - the AI capex story isn't done yet
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