Reported 28 days ago
In a discussion on Yahoo Finance, strategist Jason Draho expressed a bullish outlook on Nvidia and the overall tech sector despite ongoing macroeconomic uncertainties. He pointed out Nvidia's strong quarterly results and anticipated growth in artificial intelligence spending, suggesting that the company's dominant market position and earnings power are favorable in the current environment. Draho emphasized that owning such companies is strategically better than taking on high cyclical risk during a predicted soft landing in the economy.
Source: YAHOO