The sell-off of Nvidia could be a good buying point, says Commerce Street's Dory Wiley

Dory Wiley, Commerce Street Holdings CEO, joins 'Power Lunch' to discuss markets, the secular rotation and small caps.

[rachelonigirl]

just sold part of my Nvidia stock to protect my profits, but I'm holding onto some for the long run because of the company's strong growth prospects. In addition, I'm thinking of expanding the variety in my $400K stock portfolio, but I'm not sure how to handle risks going forward.

[RhondaArmstrong-yd]

I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

[finleysterling]

Roughly £120k in my portfolio are in NVIDIA/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

[Theodore]

It seems certain stocks are undervalued, flying under the radar despite their potential. You can't help but wonder when the market will recognize their true worth. How can I invest $600K wisely to ensure our future security?

[ZainabYusuf-nk]

The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[Rynopb]

never heard of nuhvidia. Must be a new firm

[jameswood]

Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[knt]

NVDA Earning Report This August 2024. Sincerely ❤❤❤, KNT.

[derekwillstard]

Guys, it’s not a good buying point. These guy invite retails to buy and then they short on your faces. Old game, which is now amplifies by YouTube and other social media

[Ninabranian]

The corruption that runs through this administration is getting scarier. I feel for the disabilities who are not getting the help they deserve. Anyone who is not investing now is missing a tremendous opportunity. Imagine investing $2, 000 and receiving $10, 020.

[keto]

I'm waiting for $50 a share thanks ...

[Sr.ArmandoCruz]

That’s a six figure advice… buy buy buy

[trwrrwe]

S&P selling like crazy, I’ll wait.

[TheDailyTraderPierre]

I can't believe someone that says Nevidia...sorry

[FuqqYouTube-gw]

Cutting rates will weaken the dollar and make it harder for the government to cover its debts. Rate cut seems less likely when murikkka is on its war path and needs the extra money.

[Dreamwavestudio]

I hope Peter Griffin is right but i'll wait a few weeks since i dont trust the market at this moment.

[matthew.m.stevick]

Amazon just reported, like Meta and Google, will be increasing capital expenditure investing into Nvidia GPUs. Tim Cook also just said increased spending in AI build out. 🖤💚

[jonathanbell]

6 weeks from now Nvidia will be at 150

[Juddalan]

Name any business that won’t be optimized by AI? Doesn’t exist. Billions in revenue.. NVDA!

[joecooltrader]

No it isn't. Nvidia is going below 100.