Gene Munster: Nvidia Stock Could Fall 10-15%, Buy THIS AI Stock Instead
ฝัง
- เผยแพร่เมื่อ 31 พ.ค. 2024
- On this episode of Okay, Computer. Dan Nathan is joined by Gene Munster of Deepwater Asset Management. Topics they discuss: Nvidia, why we could see a 10-15% pullback in the stock, a potential Apple/Alphabet AI deal, whether Apple could/would buy Perplexity.io, Google’s Gemini AI, and how a TikTok ban could impact Meta & Snap.
Timecodes
0:00 - Intro
1:50 - Nvidia
17:35 - Apple x Google AI Collab?
30:55 - TikTok Woes
About: Each week our tricked-out team of tech investors and former operators breakdown the biggest headlines and themes in both public and private markets, with a specific focus on the intersection of web2 and web3. We will be joined by some of the most influential voices in tech, media, and crypto leaving listeners with fresh perspectives on increasingly complicated topics impacting their lives and investment portfolios. Okay, Computer. Podcast is hosted by Dan Nathan and Deirdre Bosa. Follow OkayComputerPod on Twitter.
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Been beating myself up a bit that I sold my 53 shares of NVDA at $303 each back in May 2023. Now thinking of liquidating a few other investments to rebuy but afraid to do so. I also currently have 500k in savings making me next to nothing.
I bought NVIDIA around September 2022 because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return last year.
In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@mikegarvey17who is your advisor please, if you don't mind me asking?
*Gertrude Margaret Quinto* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Additional earnings reports from major tech companies, driven by Nvidia, coupled with trader FOMO, could fuel a resurgence in market buying pressure. I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.
Nvidia stock is roaring like many did during the 1990s bubble. But this time around, the hype around new chips is happening in a more mature demand environment.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Carol Vivian Constable is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I agree that NVDA is seen as the "Stock of the year." I'm interested in identifying potential stocks that could emulate META's growth over the next decade. With $250k allocated for investment, my goal is to retire comfortably.
AI, in my opinion, will be the next big thing. Refraining from making snap decisions based on transient fluctuations is essential for long-term growth similar to META. Put patience and a long-term view first, and if you want to make well-informed purchasing and selling decisions, consult a financial advisor.
Facing a similar situation, I sought advice from an invęstment advisęr. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $150k to over $700k in a few years.
Your invt-adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same invt-adviser and how I can get in touch with them?
She goes by ‘’Amber Dawn Brummit ’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you for sharing, I must say, Melissa appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Viviana Marisa Coelho is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
AI Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
you’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I deeply appreciate this invaluable advice. Swiftly, I conducted a search on the name, crafted an email outlining my financial market ambitions, and scheduled a call.
Awesome video, well im pretty much good with my steady earns with coach spencer
he's mostly on Telegrams
using this user name
tradinghold 7
his got nice credentials and his quite reliable
i can tell you for a fact that he plays a major role to my finances
If there are better tech companies than Nvidia why didn't they lead the AI movement, Face it, Nvidia has the smartest staff in the world. I hope the stock goes up and they totally miss out.
NVDA is where Tsla was when they kept saying it would go down. 😂 they lost a lot of money. NVDA is a new revolution. Don’t get lost
Thanks for the tip Lori but i am playing with house money now. Hope for the best but expect the worst. If your instincts on investing in Nvidia are in doubt; then you should stay out.
Dan Nathan is NOT interested in learning anything, he just wants to be told, “yes you are right” 😂
Happens very rarely if ever 😂🎉I
he sounds stupid sometimes, even though he is smart.
*NVDA Ultra Bear DAN NATHAN* is going to be even more mad at NVDA through the end of the year! 😆
Dan knows nothing.
This Nathan dude is a permanent bear !
They will keep losing money
Deep water trying to explain how they missed NVDA and how unusual it was. Dan should exile himself to an island to never speak of investments again after shorting it last yearZ
He said he made a bunch, I think on NVDA, after that, though. He does CALLS, as a hedge to a bear position, or bear thoughts. NOW we know!!!! 🤔
@@georgesand6958doubt it. He got blown out every week last year. His wife's boyfriend almost pulled his allowance over it (see episode from June ish of last year)
He is sore eye....
wrong convo mate
It's a pretty stupid reason to not own NVDA....Yeah, Let's all buy DELL instead...WTF????
Forget about psychology. Even if some purchasers wait for Blackwell to buy, the long waiting list still exists and grows longer as governments, militaries and institutions join the line. At this point hyperscalers making their own GPU's are like automakers making their own tires: it's better to buy from a specialist. By the time H100 is replicated by hyperscalers -the Blackwell will be out in full production at 2x the performance. It's a losing battle. A 10-15% dip would be the greatest gift but I doubt it would happen.
I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.
Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!
It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.
well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.
Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.
could you recommend some good advisers? don’t get me wrong, I already have an asset manager, but he seems not to know much about crypto.
Title says "Buy THIS AI Stock Instead" - so which one is it according to them?
Why would you get out of “the most remarkable thing you ever seen?” I am Longterm and already made life changing results.
Deepwater missed the opportunity of a lifetime so they have no choice but to play it down and protect their ego.
Shocking if you think about it
I picked up NVidia at $240, $380, $440, and $690. I’m not close to being a stock genius, but once ChatGPT came out, how could anyone not invest in NVDA at some point? So, DeepWater missed it all and now we should listen to their predictions? Sure there will be a nice pull back, a lot of people will take profits, but until Nvidia has a serious competitor, pull backs are buying opportunities. I’m in $CDNS, $IRM, and $VRT, all related to AI in buildings, systems and cooling. This is not like the phony profit less DOT COM era, there is real money being spent, AI is serious business. In the next ten years AI will change everything in ways we cannot imagine. Even if DeepWater refuses to participate.
I agree with you 100%. Deepwater is in over his head!
Looks like Nvidia is up some more! Buy and hold!
What Gene should be telling us that the big players will eventually sell and take their profits in hopes it will drive out the weak players and then they will buy again at a much lower price. You can protect yourself by using a stop loss order for 8% than the current price.
From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Lukas Douglas whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
HIS MOSTLY ON TELEGRAMS, USING THE USERNAME...
@lukasTRS THAT IS HIS USER NAME...
He does the legwork required to pick stocks and execute trades, provides complete investment management to achieve your specified goals...
I think I'm blessed if not I wouldn't have met
someone who is as spectacular as expert Mr Lukas Douglas
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
a month later, Gene is right about NVDA. It just dropped 15%
Great guest. Thank you.
NVIDIA is not Cisco Dan. It is not comparable. The only comparison is they are both tech. You want to end NVDA’s game in the 1st inning of a baseball game. You have to have balls to own NVDA. I am long. Way too early to sell. Sure it can drop and have pull backs, but you have to think LT.
Totally agree. In the same boat and already made a lot of 💴. Yeah , don’t be in the “the most remarkable thing you’ve ever seen.” And then spout pullback/crash talk all the time.
Excellent episode
Am I missing something or is Gene totally misusing the Hawthorne Effect ?
Dan, Sundar = Google, Satya = Microsoft. You’re welcome 😂
I really don't understand how this guy Dan can be bearish on every single name. Always finding a reason to hate on every name. Guess someone has missed the rally since last October.
Buy which stock instead? Did I miss something
ya what stock lol?
I read and listen to all things Nvidia and know what I am taking about. This conversation is the current king 👑 I’ve heard so far.
Very informative, insightful, on point, thank you. 🙏. Regardless of what happens it will be very interesting. 🥳
That means there is no money for intel when all the billions go to amd and nvidia. 120b revenue to amd and nvidia gpu isnt a small change. Something has to give. That means less spending on intel.
The air pocket click bait title doesn't mention that NVDA is in a 10X moment from HERE!
Good discussion Dan and Gene. Sure hoping the bull market continues.
Gene Munster is absolutely clueless, all he does is pump and pump meanwhile he doesn’t even own the stock!
was the stock palantir??
I agree with Dan on Apple.
Applle 2009 revenue was $42.9B, not $300B.
Give it up Dan Nathan, read more about AI. You "may" get it lower, but Trade it, bro. You been fighting it too long.
TikTok will never be sold! There is a law that forbids sale of strategic companies/ technologies. Dream on.
Seems like Nvidia moat is insurmountable. My money on Nvidia.
Apple wasting 10 BILLION on a car, with nothing to show for it, that is mind blowing. How does Tim Cook still have a job?
Nvidia makes the best GPU chips so far. Lam Research makes the best memory chips. Also Taiwan Semiconductor Manufacturing and ASML Holding are two more companies to keep your eyes on.
Lol @Lam making memory chips
Dan needs to spend more time listening than airing his own views. He gets enough time and platform to do that. I don’t understand why he has to spend time hashing out his view to everything his guest say. Makes no freaking sense.
You aught start your own stream and follow your stated rules.
Are individuals still holding crypto coin and stocks? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. ps..Kimberly Jane Carl,got me covered!
That’s really interesting! I’ve been thinking about investing in digital currencies lately but wondering how to do it, do anyone have any thought on that?
To avoid losses as a and enhance profits as a newbie you’ll need to consult a professional
Thank so much for the advice do you recommend any professional ?
3T is not double, not even 50% from here.
Hawthorne effect - Today's needs + Wait times = 2 - I don't own Nvidia I own Google. The training data can be synthetic. The misunderstanding of the tech you're investing is profound
pull back pull back phew !!! DAN will be the first one to scoop up NVDA when it pulls back
That's precisely why it's going higher
Hell of a name for an investment co. Deep water !!
Buy what you want and ignore people who try to tell you what to do.
new show name - "how not to invest" next they will tell you to get into Kodak
I'm personally investing in horse and buggy companies on the advice of Guy Adummy. Great valuations and "fundamentals" 🎉😂🎉
Kodak is a buy! It's pension surplus exceeds it's market cap.😅 Like really.
cool
Why would u sell the king of AI for another AI stock😂😂
Gene never posts his position. He has admitted to shorting it and getting burned but why is he hell bent on downing it and comparing it to csco.
Skipped Dan’s.. finished video in 15 mins 😅
Well it rose 15% in 3 days 🤣🚀your analysis is just bullocks
Paradigm shift lol!! These sellers need you to believe this nonsense.
Danny boy yeah and I said Boy. Talks shit about companies so they will go down then he turns around and buys them.
Will be around 30 , and we looking at a 5/1 share swap
@@Christine_perkins33 not heard of them , but I'm staying clear of Tesla for the next two years as the shares are under attack and earnings and production all will be bad for the next two years
@@angrybrit129 it's a bot..i've been in nvda since 300$ pre split..but am accumulating tsla now..10 to 30 dollar difference won't mean much in the grand scheme of things..and i don't think it's going anywhere but up
Dan think you meant Sundar and not Satya as you talked about Apple and Google.. These Indian names I tell you ;)
So buy apple n google instead of nvidia????
haha CLOWN SHOW!!!!
Ya - An APPLE phone powered by WOKE AI...how revolutionary!!!! No car but woke AI...fair trade!
I’m so woke I’m rich now
You should make a little effort and remove all the scam / spam from the comments...
Dan is a tool bag of epic proportions 😊
2/3 of revenue from 5 customers ???
Thank you
Please don't ever invest in any stock in you want to live long on this earth. Instead investing in stock, invest in physical project and use a financial advisor to help you grow your business. Investing in stock was one of my biggest mistakes in life.
Yes i agree with you to a certain stage. But he is talking about the modern stock and digital investment not the high blood pressure causing stock.
Yes working with a financial advisor is the best way to survive in the modern trading. Because the market is complicated and confusing. My husband is trading on digital currency and he is making it.
@@ElliotBurno I also invest in digital currency but don't know the trading works. All I am sure of is making $8000 weekly from my investment. Yes is good to work with a financial advisor. I work with Linda Sue Baier, she has been my backbone for these years.
Fake BS alert 👆🏼
Dan needs to talk less and let his guests speak. Also, would have been nice to know Gene’s AI picks and why. No, Dan has to start ranting on his daily topics.
No, deepwater is all in on Tesla. How’s that going for them?😅😅
"deepwater"
When goes to 800 in 2 years it will be good for them
I ain’t counting out Tsla out just yet, but what is (are) the catalysts for your $800 (>4x current price) prediction? Genuinely curious as I’m perhaps missing such 4x type massive catalysts…especially in the face of multitude nearterm headwinds the company faces.
Did you knew what wore catalysts on META before did $80 to $500 jump? They just happen and you get to find out last after huge price increase, nobody gonna tell you beforehand, only after big rise they will come up with news why went up. Always been like that, always gonna stay that way. Market is forward looking, whoever buys knows catalyst that will come matter of 3-6 months, by that time late for most that don't front run it, that's just how this game works. @@JazzbluesYT
If I had to guess, it's probably few rate cuts by FED which will greatly improve companies margins, that's why they already raised prices in EU imo. @@JazzbluesYT
Huang is a great salesman the robots on the stage is such hype but as those yoy numbers start to come in Nvidia will get a real test also you can’t have real constant growth if 2 of the biggest AI companies haven’t shown much to offer or AI hasn’t shown up n there numbers I wouldn’t write google or apple if yet
차분하고 정확하게 판단하시는군요.
I agree…the robot presentation by JH during GTC worried me coz it felt quite ‘BSy’ you know. Having said that, the demand they are pulling forward is quite insane and so they will continue to reap the benefits from corporations who are having FOMO on not having the Hoppers like Meta and Msft and Amzn have. So they’ll continue to reap the benefits of that fomo demand. But if these mag 7 customers of nvda (ie the likes of meta, msft, others) are not able to translate those hopper and Blackwell buys into meaningful top or bottom line upward revisions, then people and companies will take note and the fomo may start getting questioned. But again, I think the demand fomo is quite high and will last a good bit for now
@@JazzbluesYT Well based on past experience like with 5G electric cars metaverse it’s great until it’s not I give it maybe another 6 months but looking at Nvidia next earnings where yoy numbers start to come in they better beat and beat big or the stock is going to tank and so will the market it’s been built up on AI hype so if that goes so will the market I look for later in the year closer to elections that geopolitical issues which have not affected the market like I think it should have and the fact there propping up economic data on the back of American spending which is basically debt could be a issue as we get closer toward elections imo
Dan is a Tesla hater
Let Gene talk….
Hello, I'm a newbie in crypto. I have invested in a few coins but need help. Please, can you guide me through on how to profit on it.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Ms.Evelyn Turner handles my trades, and she holds the credit of being crucial about the mrkt
Yeah that's right I think the best way is to invest with a professional, at least it saves the trauma of too much losses.
To be honest I invested as low as $10,000 because I was skeptical initially.Recieving my profit weekly without any attached fees gave me more confidence to reinvest
Wow. I'm so excited seeing Ms.Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a TH-cam referral like this.
Shuddup
Dan is Mr Negative - don’t listen to for investment advice.
I really cant wait for the Russell to finish up 50% this year. Maybe at that pont these idiots will get a real job 🎉😂🎉
I remember when FB fell a bunch & was $149. I don't get this over four hundred dollar price!!! Are people THAT into the Meta-universe??? Doesn't it hurt your eyes? Could you ask Zuckerberg to come in, & explain the valuation? Or someone??
They have 2 billion users. Dumb Nathan was selling the bottom with both hands 😂🎉😂
Facebook gens rev on advertising
haha, gene, cathy and dan all MISSED NVDA....haha, who would listen to these clowns?
You got that right and Danny boy and yeah I said BOY is the biggest one
Gene Munster is actually pretty good as far as guests on this channel. Though the bar isn't set very high thanks to Liz Young🎉😂🎉😂