A few weeks ago, after the disputes of the tariffs Nvidia (NASDAQ: NVDA) Stock to my wallet. I decided against it (although I bought a chipmaker Production of semiconductors in Taiwan Con. (TSMC) around the same time). Since then, NVIDIA shares have increased by an incredible 40% in a few weeks.

This is a kind of results that investors dream about. Not only that, but this means that NVIDIA shares have now increased by 1,497% in five years. Yes, 1 497%.

Now these numbers are in dollars. Recent currency fluctuations mean that an investor using pounds to buy a participation may show a slightly different return in his portfolio. Either way, this is a kind of return that I would like to take.

So why did I hesitate last month – and I’m too overdue to buy?

Has business significance, but also the price

For some time I have been looking at NVIDIA stocks as a potential addition to my wallet.

It has high profit margins, many reserved system projects, a vast installed customer base, which for many chip needs has nowhere to go, and is to operate high expenses, because companies invest in the development of artificial intelligence.

But although I like to invest in wonderful companies – and I think Nvidia is something like that – I try to do it in what I think is an attractive price.

The valuation became cheaper for some time, it tempts me more – but it was still above what I wanted to pay.

Then, last month, uncertainty about American tariffs rapidly reduced the price of shares. But he also introduced additional potential risk, from higher sales costs to reduced demand and probably exporting bans. So the perspective for Nvidia has changed in an instant.

No regrets – I can’t wait

In a sense, I hesitated. But in a different sense I did what I did all the time and Continue now. I was looking for opportunities to buy NVIDIA shares when I felt that the price I needed offers me an appropriate level of potential value, based on information available to me at that time.

To set it in the context, although NVIDIA shares fell violently when I bought my TSMC shares, their price -profit ratio (p/e) was about half of Nvidia.

Although both companies may not be directly comparable, I thought that the value offered in TSMC was more attractive at the time than if I put the same money into NVIDIA shares.

After a recent recovery of the stock price, NVIDIA is now selling in a p/e ratio of 46. This is too high for my preferences, especially because I think that the risk profile for chip designer is now worse than a few months ago.

I am not too overdue to buy NVIDIA shares, but I will do it only if I find the price attractive. For now, I’m still watching and waiting for the right opportunity.