Today, Jenny Harrington, CEO, Gilman Hill Asset Management and Stephen Weiss, Founder, Short Hills Capital Partners commented about whether COIN-Q, NFLX-Q, LDOS-N, PFE-N, AXP-N, DOCU-Q are stocks to buy or sell.
It boasts five straight quarters of triple-digit earnings growth. The stock continues to strengthen. They last guided $32 billion on data centre revenue vs. the street's $31.7 billon. If they come in above their guidance, this stock should be okay. But remember that NVDA has a history of sharp drawdowns even when they report a beat. Last August, it fell on a very short bear market. Be aware of that. You must accept that volatility.
He just sold it. He had bought it as a China and an AI play. Q3 earnings were decent with sales up 22%, but the market sold this off anyway. Then, research came out to say that their circuits did not integrate well with the new Blackwell GPUs. Shares tanked. He did a stop loss. He lost 30% on this momentum name. Move on.
Believes markets will push higher in 2025. General market might not be as good as 2024 - but economy continues to hold up. As long as US does not enter recession, will be good for investors. Market sectors in areas like tech (A.I.) seem to reach new highs despite lofty valuations. US Fed Reserve interest rates not expected to fall as quickly - but this is a healthy signal (inflation has not gone away). Would point towards under valued stocks, that have been ignored by markets in order to generate gains.
Decent earnings lie ahead. Has a 5.5% free cash flow yield.