Nvidia is a top tier, robust company. My view is that volatility can only bring opportunity in the medium and long term, when exposure is managed properly (i.e. no need to sell at lows). Buying the temporary drops, looking at the medium long term can give great results. I would leave speculative, short term buy&sell to trend stock. one last comment: the market is currently pricing Fed lowering interests rates (same old buy the news, sell the fact), so I am expecting some drops end of the year, after the first round of rebates triggers sells to take profits. The only real danger for Nvidia would be Chinese low-cost competition in AI, reducing the current monopoly. Nvidia will still lead the cutting edge tech for the foreseeable future, so the adjustment can affect revenues from quantities more than quality. As such, Nvidia will stay a strategic asset for any portfolio for the next 10 years.
Use One Emoji to Describe the Worst Day Since 2020? π±
The S&P 500 dropped 2.95%, its worst single-day fall since March 2020. π±
π Whatβs your next move?
Cash out and enjoy the holidays? π Or see this as a golden buying opportunity for 2024? π°
Describe how you feel about your portfolio today with an emoji, a picture, or just one sentence! π
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