Nvidia's revenue and stock will double from current levels in the next several years, says Dan Niles

Dan Niles, founder and portfolio manager at Niles Investment Management, joins 'Closing Bell Overtime' to discuss the market as the S&P 500 experiences its worst week since March 2023.

[AndersonFair-cybb]

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 100% 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...

[PWIviefynn]

It was stupid of me to sell $76, 000 worth of NVDA stocks without reinvesting. (Buying bonds or CDs is not for me). I’d rather stay 100% cash, or are there any other stocks that can 10x in 6 months? I have 180k ready to be reinvested.

[debbygradley]

It was stupid of me to sell $76, 000 worth of NVDA stocks without reinvesting. (Buying bonds or CDs is not for me). I’d rather stay 100% cash, or are there any other investments that can outdo the growth of Nvidia? I have 200k ready to be reinvested

[ClaudiaSchreiber-bp]

AI stocks continue to dominate 2024. 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 any other recommendations you make.

[TeresaLiam-zo]

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

[TommyChong]

I think it's important to stick to stocks that are immune to economic policies. I'm looking at NVIDIA and other AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies

[JayMomoa-]

Some experts say Plantir is the next Nvidia. I intend buying $200K worth of it soon. I’m well positioned with good blue chip companies and A.I stocks but concern is how to hedge against crash.

[Pat_laura]

I am regretting not investing in Nvidia stocks ever since my wife did. But still grateful i kept money in the money market. With about $200k maturing soon, i plan investing well in it. But then what other stocks should I look into as a newbie to safely grow my money?

[MollyShorters]

"Wow, Nvidia’s stock doubling? Guess I should’ve put my $332k emergency fund into crypto instead of a mattress! Looking to kickstart my investments—any advice on where to start with this kind of hype?

[Aron-rm]

I'm a 52-year-old QA Specialist at Confluera, with an annual income of $150, 000. Although I do have a retirement account, I'm keen on exploring short-term investment opportunities as I prepare to shift to part-time work in the near future. What would be the most suitable strategy to achieve my goals?

[calvinlewis-h]

What sets top invest0rs apart from the rest? I've got $345K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.

[SaintMoretz]

I have a few questions and i'll be grateful if someone will reply. how can i invest in stocks? or how i can help to grow a portfolio? I want to invest around 140K cash savings. i've been investing without much yield?

[AmithKaury]

I've been an investor in Nvidia for the past six years now because I strongly believe in the company and in the stock, but now I've been thinking of redistributing my portfolio of about $560k and buy other stocks. and asset classes. Maybe buy Tesla? They are also doing great things in the AI space. Some digital currencies too. What do you think?

[MattMiller]

Did you all see the new release of NVIDIA's stock earnings? The results are incredible, and their stock is surging.

[NO-TIME]

Nvidia or apple which is a better investment now? just got my lump sum inheritance and would love to put my money to work, so i can earn in dividends, i'm also looking at paying mortgage where rates are not so high.

[elviegoodness]

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[OwenFlex]

I have been told not to be fooled, stocks and etfs are not the economy, I had 180k put aside waiting for the feds to stop raising rates, now I’m ready to get back in the market, but it looks like the pause is forever and Faang will still rise/fall, I’m confused, what could be the way moving forward

[BrianAlbert-hhpi]

Did you all see the new release of NVIDIA's stock earnings? The results are incredible, and their stock is surging.

[auboisdaline]

AI stocks are poised to lead the market in 2024. My top pick is NVIDIA, as they’re strategically positioned for long-term growth and play a key role in supporting other AI companies. I know someone who saw over a 200% gain with NVIDIA. I’m also open to exploring the other suggestions you've provided.

[KarenDuncan-os]

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.