The Compound 对 $NVDA 的判断变化

2026-09-01看涨
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NVDA基本面健康;其高净利润反映了真实的经营收益而非资产重估,且以合理的17倍远期市盈率交易。

说到为什么每个人都讨厌英伟达?我不知道,我没意识到有这回事。

talking about why does everyone hate Nvidia? I didn't I wasn't aware that that was a thing.

说到英伟达,不,英伟达看起来实际上健康得多。我们上周讨论过的一张图表,埃德·齐特龙刚刚碾压过的,是英伟达的盈利,过去12个月的净利润,与亚马逊、苹果相比。我说:“天哪,这太了不起了。”

他说:“不,不是的。不,不是的。这不是真的。这都是加价。”我说:“不,不是的。这不是加价。”我们看了营业利润。图表完全一样。英伟达的营业利润,即业务实际产生的利润。

Speaking of Nvidia, uh, no, Nvidia looks actually much healthier. One of the charts that we spoke about last week that Ed Zitron just steamrololled over was Nvidia's earnings, net income over the last 12 months compared to Amazon, uh, compared to Apple. And I said, "Holy [ __ ] this is remarkable." And he go, "No, it's not. No, it's not. It's not real. It's all the markups." "No, it's not. It's not the markups." We looked at operating earnings. It's the exact same chart. Operating earnings for Nvidia, what the business is actually generating.

2026-08-28看跌
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NVDA面临客户集中度、成本压力以及潜在会计违规等重大逆风,这让人质疑其维持高增长目标的能力。

英伟达在 2023 财年表现平平,当然,

Nvidia had a flat year, fiscal 23 course,

所以,我们必须从英伟达开始。我觉得他们正在证明你所说的一切都是不正确的。但他们刚刚表示,这是有史以来第一次,我们将提供全年的指引。之前他们是按季度给出的。他们实际上给出了直到 2028 财年(不是日历年的 2028 年,而是到 2027 年 2 月左右)的指引。

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2026-08-25看涨
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