"Nvidia Stock's Downfall: A Warning for Investors"

1 min read
Source: Investor's Business Daily
"Nvidia Stock's Downfall: A Warning for Investors"
Photo: Investor's Business Daily
TL;DR Summary

Nvidia stock is showing signs of consolidation and may have reached its peak, according to expert technician John Bollinger. He suggests that Intel, a Dow Jones component, could provide more immediate returns in the semiconductor sector. Bollinger sees Intel as an underdog with substantial upside potential, comparing it to IBM. While there are macro pitfalls to watch for in both Intel and Nvidia stock, Bollinger remains optimistic about Intel's fundamentals and its ability to build fabs quickly. However, IBD's stock analysis indicates that Intel is currently extended from a proper buy point.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

81%

47492 words

Want the full story? Read the original article

Read on Investor's Business Daily