Nvidia vs Market
Despite a sell off in Nvidia. S&P500 closed Thursday’s session flat. Nasdaq was only down slightly. Seems like we are only taking a very brief breather?
The positive takeaway from Nvidia’s decline is that their fundamentals are still very strong, perhaps even stronger than before.
Therefore such sell offs are always welcomed by long term investors who believe in their growth trajectory - because it gives them a chance to snap up some shares
Personally, I want to see it going lower as the current price isn’t that attractive yet.
And because Nvidia’s earnings were still great, other AI related stocks didn’t see a big sell off, and that’s good for the broader market.
The positive takeaway from Nvidia’s decline is that their fundamentals are still very strong, perhaps even stronger than before.
Therefore such sell offs are always welcomed by long term investors who believe in their growth trajectory - because it gives them a chance to snap up some shares
Personally, I want to see it going lower as the current price isn’t that attractive yet.
And because Nvidia’s earnings were still great, other AI related stocks didn’t see a big sell off, and that’s good for the broader market.
From YouTube
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD
Support my YouTube channel: Jay el
5847Followers
43Following
27KVisitors
Follow