Nvidia Corp

Q1 EPS $1.36 vs est. $1.29
Revenue $8.29B (+46% YoY) vs est. $8.12B

GUIDANCE:
Q2 2023 revenue $8.1B vs est. $8.45B

Revenue is expected to be $8.10 billion, plus or minus 2%. This includes an estimated reduction of approximately $500 million relating to Russia and the COVID lockdowns in China

$NVDA was just added to my kids’ portfolios in the last 30 days, because it of the valuation relative to their historical multiples. With an earnings multiple of 46 at the time, it was still the “most expensive” stock I’ve ever bought. We’ll see how this additional new wrinkle to my philosophy works out. Paying 30x earnings for $V $ $MSFT recently was like pulling my own teeth🤣. High P/E stocks are a risk I usually avoid. Just hope I’m not falling into a risky new behavior. I’ve cut myself off already, will see how the next 2-3 years go. 