Nvidia's 'Hyperfocused' Investors Might Trigger Negative Stock Trend After Earnings, Says Gene Munster: Here's Why
Portfolio Pulse from Benzinga Neuro
Gene Munster from Deepwater Asset Management suggests that Nvidia's stock might experience a short-term dip post-earnings due to demand-supply imbalances and potential delays in the Blackwell architecture. Despite this, Munster remains optimistic about Nvidia's long-term growth prospects.
August 27, 2024 | 1:49 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Nvidia's upcoming earnings report may lead to a short-term stock dip due to demand-supply imbalances and potential Blackwell delays. However, long-term growth prospects remain strong.
Gene Munster highlights potential short-term negative impacts on Nvidia's stock due to ongoing demand-supply imbalances and possible delays in the Blackwell architecture. Despite a recent 30% surge, these factors could lead to a dip in stock price post-earnings. However, Munster remains optimistic about Nvidia's growth through 2026, suggesting that the long-term outlook is positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100