CNBC's "Fast Money" Nvidia Results On Deck… And RFK’s Impact On The Health Care Space 11/15/24
Nov 15, 2024
Anticipation is high for Nvidia's upcoming earnings report as Wall Street eyes soaring projections. But what challenges lie ahead, especially with a key customer's delisting? Meanwhile, RFK Jr.'s surprising appointment as head of Health and Human Services raises eyebrows in the biotech and pharma sectors. Can his past advice shape future health policies? Plus, a look at market reactions amid broader trends, from the revival of Bitcoin to Netflix's strategic plays against Disney. It's a rollercoaster ride through tech and healthcare!
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NVIDIA Trading Strategy
- Buy NVIDIA stock after a pullback, as the recent dip presents a buying opportunity.
- Consider the tension between AI's promise and peak demand, with conflicting evidence.
NVIDIA Performance Drivers
- NVIDIA's performance is driven by production progress on Blackwell, hyperscalers, and CapEx guidance.
- The company has been transparent about pushing back on production concerns.
NVIDIA's Unlikely Streak
- While NVIDIA's sustained success is impressive, it's statistically unlikely to continue indefinitely.
- Despite the sector's overall underperformance, NVIDIA remains a standout performer.