Nvidia investors ‘should get comfortable’ with volatility
August 2, 2024
Nvidia (NVDA) has seen some volatility recently with shares down in early trading on Friday. Wealth Enhancement Group senior portfolio manager Ayako Yoshioka joins Yahoo Finance to talk about earnings season and Nvidia's recent moves. "Sentiment and the earnings bar was very high going into earnings season," Yoshioka explains about Big Tech earnings, "you're seeing a lot of that sort of come out just because expectations were very high and the reports were okay, but nothing great." "With Nvidia, you have to be patient, you don't have to go all in right here, right now," Yoshioka says. "When momentum starts to roll both on the upside, as well as on the downside it tends to continue a little bit so... for investors we think you should get comfortable with some of the volatility." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Mariela Rosales. Read More...
Nvidia (NVDA) has seen some volatility recently with shares down in early trading on Friday. Wealth Enhancement Group senior portfolio manager Ayako Yoshioka joins Yahoo Finance to talk about earnings season and Nvidia’s recent moves.
“Sentiment and the earnings bar was very high going into earnings season,” Yoshioka explains about Big Tech earnings, “you’re seeing a lot of that sort of come out just because expectations were very high and the reports were okay, but nothing great.”
“With Nvidia, you have to be patient, you don’t have to go all in right here, right now,” Yoshioka says. “When momentum starts to roll both on the upside, as well as on the downside it tends to continue a little bit so… for investors we think you should get comfortable with some of the volatility.”
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
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