Dory Wiley discusses the recent sell-off of Nvidia stock.
August 1, 2024
Dory Wiley discusses the recent sell-off of Nvidia stock. He suggests that the drop, which saw the stock fall nearly 17%, presents a good buying opportunity for investors. Wiley highlights the bullish sentiment among analysts who view this as a profit-taking move rather than a sign of fundamental weakness. The overall outlook remains positive, especially with Nvidia’s strong position in the AI market and upcoming earnings reports expected to reaffirm its potential.