Reported about 1 month ago
Nvidia (NVDA) shares are experiencing a decline following a strong second-quarter earnings report, primarily due to investor disappointment with its guidance. Nancy Tengler from Laffer Tengler Investments suggests that the stock's current dip presents a buying opportunity for long-term investors. She emphasizes the importance of expanding AI use cases for Nvidia's future growth, noting that while AI applications are expanding slowly across various industries, the potential is significant.
Source: YAHOO