Wall Street is preparing for the results of its fourth quarter NVIDIA (NVDA) results, which will be announced on Wednesday, February 26th. However, not all expert investors are semiconductor manufacturers so bullish.
Bahnsen Group CIO David Bahnsen sits with Catalysts and along with Seana Smith, Madison Mills and Yahoo Finance executive editor Brian Sozzi, presenting why he places emphasis on Nvidia’s reputation and growth expectations.
“If you compare multiple revenues with some of the other AI companies, not to mention other Mag Seven, and of course the names of other S&Ps, it’s an incredible premium. The flow of order,” Baansen said. I’ll explain it.
“But one of the important things said… it’s simply not true that it’s monopoly. No one in their right mind thinks Nvidia is monopoly. There’s a lot of competition, Multiple estimates of all revenue are based on them: competition.
Watch the video above and hear David Bahnsen’s total bearish case about some of the other sectors Nvidia and his company are investing in.
Catch what the average investor on the streets of New York City has to say about Nvidia.
To watch more specialized insights and analysis of the latest market actions, check out our Catalyst here.
This post was written by Luke Carberry Mogan.
