5 Reasons Why Nvidia Is Still in a League of Its Own
Last week was a roller coaster ride for Nvidia (NASDAQ: NVDA). The stock popped before reporting earnings on Feb. 26, fell 8.5% the following session, and then recovered nearly half of that loss on Friday.Once the dust had settled, the stock was down just 1.4% over the three-day period -- a sign that investors were somewhat neutral on Nvidia's latest print, guidance, and management commentary on the earnings call.Wall Street can get enamored by quarterly results and overemphasize slight changes in key metrics. A better approach is to view quarterly results within the context of the overarching investment thesis.Continue reading
Last week was a roller coaster ride for Nvidia (NASDAQ: NVDA). The stock popped before reporting earnings on Feb. 26, fell 8.5% the following session, and then recovered nearly half of that loss on Friday.
Once the dust had settled, the stock was down just 1.4% over the three-day period -- a sign that investors were somewhat neutral on Nvidia's latest print, guidance, and management commentary on the earnings call.
Wall Street can get enamored by quarterly results and overemphasize slight changes in key metrics. A better approach is to view quarterly results within the context of the overarching investment thesis.
