Wow, lots of seller's remorse. I cannot believe how hard people sold down Amazon (AMZN) after that quarter. What was the point? The company failed to meet the guidance for a quarter, but each time that has happened you had to buy the stock. (Amazon is part of TheStreet's Growth Seeker portfolio.)
I cannot believe people really felt it would be different this time. There was nothing "wrong" with the quarter at all. What was wrong was the way people didn't think through why they owned it. Bugs me.
How about Johnson & Johnson (JNJ) ? I liked that quarter so much, real growth in the pharma, and people dumped it. After Allergan (AGN) , it has the best growth. Dumb. If you wanted to own a big pharma stock, there wasn't one better. Now it gets legs?
Same thing with IBM (IBM) . This one got sold down to the $160s. I have no idea why. The company delivered on its fast-growth strategy and had better gross margins.
I mention all of these because I think Nvidia (NVDA) is giving you a chance today to get in. Sure, it went down huge after the year began, and that was a much better buy.
But if you go listen to the conference call, you will know why, if you don't own any, this is a pretty darned good place to start.