Nvidia is its own self-contained casino, says Ritholtz’s Josh Brown

Bernstein’s Stacy Rasgon, Ritholtz’s Josh Brown and Hightower’s Stephanie Link, join 'Closing Bell' to discuss Nvidia ahead of earnings and what it means for markets from here.

[auboisdaline]

AI stocks are poised to lead the market in 2024, and I’m particularly drawn to NVIDIA for its strong long-term growth potential. As a key player in supporting other AI companies, NVIDIA is well-positioned for continued success. A friend of mine saw gains of over 200% with NVIDIA, which adds to my confidence. I’m also open to considering the other recommendations you've mentioned.

[musiccreation]

The market is utterly irrational. A "casino" indeed. Vegas has more legitimacy. NVDA down 6% with a 122% growth, a $1 BILLION beat.

[patrickfuchs]

NVDA as a stock is simply experiencing a normal everyday reversal based on its chart. Once it is oversold its price will rebound. There is no news so negative that would affect its future performance. Prices fluctuate from overbought to oversold - don't expect NVDA to stay down as several hundred billion dollars flow into revenues and earnings in its future.

[CesarinaAwad]

Yet another amazing strategy session. We can Learning, we keep Earning

[ericyasunaga]

Yesterday, NVDA earnings call, BEAT - Revenue I BEAT - EPS I RAISE - Guidance I $50B buyback. However, Wall St's reaction was disappointment. Sounds like my Asian parents.

[MarieForce-wm]

Your recommendations help me make better decisions in the market.

[TheBigXav]

The analysis in these comments is so high level, definitely not people just shouting price targets and hoping

Good luck you guys

[willberry]

How tf is it down with a huge beat, 122% growth and $50 bill buyback lol

[harnish]

This stock is so volatile....no way these expectations are realistic. I'm holding on to what i have but investing in other stocks.

[washboardjim]

I do not use the so Called Street information, that is all hog Wash, the Street is never right. whatever the Street is.

[syedarmaghanhassan]

Stacy, for God's sake man, do what you are supposed ot do... Raise the price target to $180 please!

[odoacredacalcutta]

ok so if Nvda keeps 'failing' expectations like this, while staying at the current price, in a year from now you'd still pay its profits far less than most of the companies in the s&p, including all the other big techs. so yeah, definetely sell off, Nvda's days are over.

[javastream]

The stock dropped till 116! Who sold so much Nvidia stock?

[Matthew.M.Stevick]

💚🖤📈🇺🇸 Greatest Growth Stock in Stock Market History

[javastream]

The market is crazy! Expectations are bet, but the stock drops! 🤦‍♂

[bentumblingh]

I'm a buyer with Stock buy Back..

[LarayHardy]

They are printing money! 30 billion in 90 days and someone is selling lol

[JomilaBagum-kv]

Lopez Betty Thomas Cynthia Miller Robert

[ConniePollock-jf]

Clark Deborah Martin Robert Lewis Timothy

[LizzieLena-uv]

Jones Richard Moore Karen Hernandez Daniel