My idea is about
NVDA
and
FSLR
. Two very different companies with respect to market capitalization and products (at least both are semiconductors industries). But there is the funny fact, that - at the moment - the prices for both are about the same and one could trade NVDA for FSLR or vice versa. Momentum for FSLR seems to be stronger than that of NVDA at the moment. NVDA has a lot of head wind - although still a promising future - and FSLR will profit from the Inflation reduction Act and the immediate need to reduce the CO2 footprint in any country of the world. My hypothesis is that NVDA will still suffer for quiet some time and FSLR will continue to improve, but in the long run (2024 and beyond) NVDA will catch up and because of better multiplicative factors such as autonomous cars surpass FSLR in positive momentum.
NVDA
and
FSLR
. Two very different companies with respect to market capitalization and products (at least both are semiconductors industries). But there is the funny fact, that - at the moment - the prices for both are about the same and one could trade NVDA for FSLR or vice versa. Momentum for FSLR seems to be stronger than that of NVDA at the moment. NVDA has a lot of head wind - although still a promising future - and FSLR will profit from the Inflation reduction Act and the immediate need to reduce the CO2 footprint in any country of the world. My hypothesis is that NVDA will still suffer for quiet some time and FSLR will continue to improve, but in the long run (2024 and beyond) NVDA will catch up and because of better multiplicative factors such as autonomous cars surpass FSLR in positive momentum.