Michael Lee, the founder of Michael Lee Strategy, discussed the potential investment opportunity presented by the ongoing antitrust probe into Nvidia. He emphasized a 'buy the dip' strategy, suggesting that this transitory issue may provide investors with a chance to acquire Nvidia shares at a lower price, anticipating future recovery and growth in the stock value.
The antitrust scrutiny could lead to volatility in Nvidia's stock price in the short term. However, given Nvidia's strong position in the technology and artificial intelligence sectors, the long-term outlook remains positive. Investors might capitalize on this situation by purchasing shares at lower prices during the probe's duration, expecting future gains as the company overcomes regulatory challenges.
Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'
Oct 9, 2024, 12:23 PM
Nvidia stock is aiming to notch a new all-time high, as the AI boom shows no sign of slowdown.
Oct 9, 2024, 5:49 AM
Demis Hassabis and John M. Jumper of Google DeepMind predicted protein shapes with A.I. while David Baker designed “a new protein that was unlike any other,” the committee said.