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Yesterday, we mentioned $NVDA, the darling of AI, has been leading markets higher
Well, earnings are due after close on Wednesday!
In past months, the stock went parabolic as the buzz around AI attracted prominent investors.
Let’s explore Nvidia☟
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➠ PERFORMANCE COMPARISON
σ NVDA has doubled the $MSFT & $GOOG performance since February.
As such, we must consider if there might be too much hype in the stock’s value.
The consensus that AI is the most significant growth story since the internet leaves us pondering…
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➠ IMPORTANT QUESTION BEFORE YOU BUY
σ With the hype and valuations through the roof, How can this stock beat market expectations?
If one planned to buy NVDA, wouldn’t they have already done so by now?
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➠ EYEING POTENTIAL PITFALLS
Given these factors, we see potential for asymmetric downside risk coming off NVDA’s earnings report.
Thus, we are seeking ways to gain leverage for a possible disappointment.
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➠ WANT THE DETAILS OF OUR NVDA TRADE IDEA?
σ Right now, you can get ALL of our research completely free by using the code RV2023 at checkout.
➠ Just you the link below, select your product of choice, navigate to check out, and enter RV2023↴
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➠ In the meantime, get more color on our views for Nvidia in this clip from today’s Macro Options Spotlight ↴
➠ Then go watch today’s full Spotlight video on the Options Insight YouTube Channel ↴
AI Skyrockets Despite Unseen Market Risks & Surprises Ahead | Macro Options Spotlight | May 23, 2023
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Thank you for making it this far.
Please share this with anyone you know interested investing Nvidia and/or AI!
Cheers!
Imran Lakha
Options Insight