No Rate Cut, No Problem: Kiana Danial Bullish on NVDA in Fed Hiking Cycle #shorts
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I like to buy a stock at a good price. Okay, so now I know that Nvidia just went up to all-time highs, crossed above all-time highs. The economy is not necessarily the stock market. The economy could be doing not very well, but when you're invested in the right category that is going to be needed no matter what, the demand is not going to go anywhere. So, no matter what's happening with the rates, no matter what's happening with the yield, supply and demand is what ultimately long-term is going to push the price of a share of a company like Nvidia. And again, if you're looking at it long-term, I don't think the demand is going to go anywhere. And the supply is limited, and that is what ultimately eventually is going to impact the prices. Now, I'm not saying Nvidia's price cannot not drop. In fact, because of the cycles, it's probably going to push it to 50, and then it's going to drop back down, and that would be a great place to enter again.


