The news out of Nvidia was very good. We do need to make sure that this bounce becomes a sustainable one before we get too excited…especially since NVDA’s results don’t ensure that the ROI for all of this massive AI spending will reach the levels the market is pricing-in today. That said, the outlook for the stock market has become much brighter this morning.
There is one key tech stock which could/should outperform quite nicely over the rest of this year…and into next year…if this renewed rally has some legs.
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