Avoid Nvidia stock, this portfolio manager says

From the creator

Catalyst Funds Co-Founder, CIO, and Senior Portfolio Manager David Miller joins Yahoo Finance's Julie Hyman for another installment of Good Buy or Goodbye, believing there to be risk surrounding chip giant Nvidia's (NVDA) — whose latest earnings results in February bolstered markets and tech trades — valuation trajectory. "There's no question that their company is doing incredibly well, and they're going to continue to do well in the near future," Miller states. "The question is will that continue indefinitely? Historically, you've always had boom and bust cycles in semiconductors, chipmakers. It's getting price now like that's over." On the other hand, Miller cites telehealth company Hims & Hers Health (HIMS) as his Good Buy pick, finding it to be a new solution to several problems traditional pharmacy customers still deal with. #youtube #nvidia #tech #ai About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://w

Published 2024-03-22 · Watch on YouTube ↗
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