Nvidia is still growing at a good rate, and the outlook is very bright, says Paul Meeks

Published: Sep 03, 2024 Duration: 00:00:50 Category: News & Politics

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we'll see how it goes I imagine that we'll retest and if we successfully retest that then i' probably go in and become a aggressive buyer again because in the last month or so we had their quarterly earnings report and we had some other data and of course the company is going to slow a little bit but it's still growing at a really good rate the Outlook is very bright and I think the only thing that's really new that changes the thesis and I don't really think it changes it at all is the subpoena that they've received from the Department of Justice which is typical in the technology sector when uh Angry competitors start complaining to the government so I actually think it's a pretty good buying opportunity after with the Smoke Clears here and I hope it's uh fairly soon

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