The significance of AI is still underappreciated by the markets, says Deepwater's Gene Munster
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- čas přidán 12. 09. 2024
- Gene Munster, Deepwater Asset Management managing partner, joins 'Squawk Box' to preview Nvidia's quarterly earnings results this week, what to expect from the tech giant, impact on the tech sector at large, and more.
I recently bought some recommended stocks, but now they’ve dropped to penny stock status. With the market tumbling, soaring inflation, and banks going out of business in the last half of 2023 and this year, I'm worried. How can rapid interest-rate hikes benefit a value investor, or is it better to avoid stocks for a while?
Just "buy the dip." In the long term, it should pay off. High interest rates usually lead to lower stock prices, but investors should be cautious during a bull run. It’s best to connect with a well-qualified advisor to meet your growth goals and avoid mistakes.
It’s not as difficult as many people think. It requires diligence, which many ordinary investors lack. That’s why a financial advisor is useful. My friend made over $84k last month with help from his advisor. That’s how people make such huge profits in the market.
Absolutely, having a solid plan is crucial. My portfolio has been well-balanced and recently doubled since early last year. My financial advisor and I are working towards a seven-figure goal, although this might take until Q3 2024.
Nice! Once you hit a big milestone, the next one comes easier. Who is your advisor, if you don’t mind sharing?
Her name is BONITA JEANETTE RODRIGUEZ. You can research her name to find the necessary details and set up an appointment.
AI stocks will dominate 2025. 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 these other recommendations you made.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Mary Terese Singh for the last five years or so, and her returns have been pretty much amazing.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Tech has a LONG way to run still. The Nasdaq composite is barely above its 2021 highs. Given the interest rates falling, I would expect another 2 + years of bull run
Traders, not investors, are hyper focused on every minute of what NVDA is doing. They are distinct classes of market participants. Traders account for volatility.
Buy the Russel and get
He is right, revolutionist NVDA has almost same pe with other MAG7 companies despite much bigger growth and promising future.
But their business is cyclical, which is not as true with the other big tech companies. Spending on ai infrastructure could slow or halt in the future.
he failed mention clients buy h200 while blackwell finishes
FACTS
If NVIDIA's earnings next week are anything like their GPUs, get ready for something in high demand and even higher in value
NVDA earnings is in 2 days lol
Well, I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered and I don't know where to go here out of devastation.
@nicolette-t2y I totally agree. A financial advisor can provide valuable insights and help ensure that our investment portfolios are aligned with our long-term financial goals. They have the expertise to navigate through market fluctuations and make informed decisions.
@@TylerMohn-g9l I’ve been down a ton, I’m only holding on so I can recoup, I need help, who is this investment adviser that guides you?
@@marilynchamber-i3t Her name is “Victoria Carmen Santaella” can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
@@TylerMohn-g9l Thank you for this amazing tip. I just looked the name up and wrote her explaining my financial market goals.
I wonder why Gene always has to put up a bear case over and over and over specific to TSLA and now NVDIA. But NVDA is not TSLA. He just likes to come and put some positivity to rest. Is it just to seem different than other experts? I don’t see any SUCCESS predictions from him though ever.
TSMC is building a Chip plant in Arizona. These chips have to go somewhere. I can see an upgrade cycle of all computers as computers go from CPU to GPU. Data is today's Gold. Data centers refine Data. More Data centers is more gold for those that own them.
In the general market sense, there aren't many companies posting favourable forward PE even though we know the Fed is cutting rates. In NVDA's case, expectations are set high - the question is not whether if it has a 30 forward PE, but whether if it is going to beat expectations and by how much.
This. Is why NVDA is rallying forward.
After the EV hype 4 years ago now is the time of the AI hype…😂 the show must go on
Exactly 😂
I'm 8% to 12% sell off after earnings. So frustrating but more likely than not, given the short sighted, instance gratification mindset of traders.
If this guy says nvidia is best that means nvidia is going to rank after results
Buy Nvidia and just wait 4 years, it’s that simple. Ignore the pointless small talk
ehhhh i think in 4 years NVDA will be down at minimum 50%. NVDA has more room to run, but more 1-2 years. II do think within 4 years our market will have a deep correction due to the interest rate hikes.
@@theunbearablebull you have not read much about the coming AI wave have you
@@pacpern9988 I am well versed in the AI future lol. Has nothing to do with stock rotations/cyclical patterns. Try again, kiddo.
@@theunbearablebullthe market already had a deep correction in 2022. It was the worst year in the stock market since the Great Recession of 2008. The Nasdaq composite is barely above its 2021 highs. We have a LONG way for the market to run. And I mean a long way
@@ThomasShelby-xz2fk meh debatable. We never saw the rate hikes bite the economy, so hard to imagine we get out of this without any issues. The 2022 crash was inflation, not hikes. I’m all for higher market but still think we get a pretty steep selloff next year or year after. Also, stop thinking just because we had a correct 2 years ago that we can’t have another soon after lol. That’s a really low iq way of looking at the market
Ai is great. but it is very confusing to find where is impact more........
I’m not using google anymore. I’m only using Microsoft copilot app. Isn’t that a big change?
It look likes everyone is standing by for a low earning report on NVDA.
🚀
Imagine an analyst saying that about computers in the 1950s. The markets are underestimating the massive potential of computing in the future. Because in the future all office workers would be working with computers while they now do manual computations, using tables for logarithms and sometimes using slide rulers. Imagine that back then the stock market would have gone up a lot by pumping the stock of IBM with investors pricing in that IBM would build these massive computers that worked on vacuum tubes for every company in the World. Imagine that the stock prices of vacuum tube manufactures would have skyrocketed. Imagine that we would then be talking about buying stocks for construction companies, because the computers that all companies in the Wold would buy, were so large that they needed to be housed in special buildings.
Are we in a different place with AI today than we were in the 1950s with computing, making the above analogy not work? Well consider that implementing the LLMs requires a massive amount of power, while your brain runs on just 25 Watt. Considers that a so-called "liquid neural network" that works in a way that's far more similar to how real brains works, can control a robot with only 19 neurons almost perfectly with very small amount of training, while with the conventional sorts of AI systems you need for this require a neural network of hundreds of thousands of neurons and many months of training, which then also requires a massive amount of power.
Why then don't we have chips that implement liquid neural networks? Because at this moment, the technology we have cannot implement this. It's just like in the 1950s when transistors were a theoretical concept, and you could only use vacuum tubes. Liquid neurons are today implemented in software by emulating them, which doesn't yield the benefits has actually having them in hardware. But once hardware based on liquid neurons are developed, expect the price of AI systems to collapse, just like the price of computers have collapsed and you can today for $1000 buy the same amount of computing power that would have costed $100 billion in the 1950s.
All new technologies have that feature of the price collapsing. Take e.g. DNA testing. The human genome project that mapped the first compete genome had cost more than a billion dollars. Today you can let your own entire genome be scanned for just $100.
U wot?
If you have insurance. You 🌰
Why would the megacaps trade down due to a Blackwell delay? It's not like their revenue depends on them getting the chips.
Talking heads goanna talk bro. Make your own calls
they all trade together as part of the AI trade. It's a momentum and story driven market
@@weho_brian which is why I don’t buy anything but index funds in a Roth and chill. The day to day year to year BS of the market is too much
@@user-pz8db3oh9y it depends. if you can only marginally outperform the S&P by even something like 5%, then its not worth the time or effort because of taxes. But if you can outperform by 2x or more, then I think its worth it. My portfolio for example is up 40% this year, I was up as much as 80% but have lost a lot of those gains because of my AI stocks.
underappreciated? overblown! Get that stupid AI out of customer service.
Sir, I think you have no idea what AI is lol. Don't forget, AI is an advanced technology most of you will never be able to grasp.
Ai helped me fix my salty potatoes in the palm of my hand. Imagine what it could do in10 years from now
AI stocks 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.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
@@MatteoBocelli-d4s A few years ago, I found myself at a crossroads with my investment strategy. Despite my efforts, my portfolio wasn’t growing as I had hoped. That’s when I decided to seek advice from a professional investment advisor. And let me tell you, it was a game changer.
A few years ago, I found myself at a crossroads with my investment strategy. Despite my efforts, my portfolio wasn’t growing as I had hoped. That’s when I decided to seek advice from a professional investment advisor. And let me tell you, it was a game changer.
hey baby
Excluding NVDA, what use case for Gen AI do you know of that is significantly adding to a company's bottom line?
software development, data analysis, personal assistant (automatic note taking, scheduling, etc)
ServiceNow
Are you serious.... I forget some of you are wayyyy too stupid for this world lol
Ah the Pumpers are out..I remember when Blockchain was the future...everyone and their mother was going to implement Blockchain into their business to take advantage of the Blockchain technology 😂😂
Why is there deep breathing on this video ????
I hate the Stupid AI all over. It annoys me every time i see an AI instead of a person
Have you dealt with humans lately? They are pretty annoying as well. You act like customer service from humans is all sunshine and butterflies....
@@theunbearablebull Do AI when you want to fix your Card when travelling abroad and your credit card does not work.
I not new to stock market, all this news will drive money towards puts and those mofo expiring worthless haha
Lol haaaaa he would say this no matter what if was up 1000000 or down 10000000
♥️♥️♥️♥️
🤑🤑🤑🤑
Definitely maybe
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.,
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.