Nvidia still inexpensive compared to Apple, chipmaker to grow 40-50% next year: Strategist

David Nelson, chief strategist at Belpointe Asset Management, joins BNN Bloomberg to talk about Nvidia’s blowout earnings. Nelson remains bullish on the stock, noting it will continue to grow next year. However, Nelson warns Nvidia will see increased competition amid the AI boom. He also like Uber and discusses Powell’s upcoming speech at Jackson Hole.

Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg

Connect with BNN Bloomberg:
For the latest news visit: https://www.bnnbloomberg.ca
For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video
BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg
BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg
BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg
BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg
—
BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.