Nvidia reports its fiscal 2025 first quarter results on Wednesday, May 22, after the market close.
Aptus Capital Advisors Portfolio Manager David Wagner expects the chip giant will issue a "beat and raise" but that he doesn’t think "a lot of the exuberance heading into this report is actually going to be shown in the stock price."
Wagner argues "Nvidia is absolutely going to incur some type of demand-driven air pocket over the next few years," but that doesn’t necessarily mean the stock is overvalued.
Watch the video above to hear other ways Wagner recommends playing the AI trade.
#stockmarket #youtube #Nvidia
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