Bearish Case for NVDA Before Earnings: A WSB DD Special
Posted: May 21, 2024
- NVDA stock may nosedive this earnings season - Valuation is extremely high, trading at sky-high multiples - AI hype bubble could burst if growth doesn't meet expectations - Increasing competition from AMD and Intel - Supply chain issues and semiconductor shortage could impact production - Macroeconomic uncertainties could affect performance - Significant insider selling at NVDA - Earnings season is risky, caution advised before making investment decisions.
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