- Nvidia Corporation’s CES announcements, including new AI hardware and partnerships, signal a strong future in AI, prompting an upgrade to a Buy rating.
- The launch of Project DIGITS, an affordable AI supercomputer, democratizes AI, potentially adding billions to Nvidia’s revenue.
- Nvidia’s partnerships in autonomous vehicles and robotics highlight its leadership in the next evolution of AI, enhancing long-term growth prospects.
- Despite the market sell-off, Nvidia’s valuation remains attractive with significant growth potential, making it a compelling investment opportunity.
- I am James Foord, an economist with a global approach to investing. I lead the investing group The Pragmatic Investor where the focus is on building a robust and truly diversified portfolios that will continually preserve and increase wealth.
Thesis Summary
NVIDIA Corporation (NASDAQ:NVDA) just showcased some of its new products at the CES Convention in Las Vegas, and although the market has so far sold the news, there’s definitely a lot. James Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth. The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn More I focus on macro, geopolitics and global trends to help build a diversified global portfolio that will preserve my wealth and allow me to sleep well at night. I also allocate some money to speculative ideas. I use technical analysis to find key areas to buy/sell commodities and use options and leverage to maximize returns. High-risk, high-reward, but always managing risk. My service is designed to guide investors of all levels in their journey. – Understand markets with the weekly newsletter. – Build a diversified global portfolio that will stand the test of time. – Get actionable trade ideas to take your investment returns to the next level. A healthy amount of fundamentals, technical analysis and pragmatism underpins all my investment decisions. Money is freedom, and we are here to maximize both. Learn More
READ FULL ARTICLE HERE!
