AI Alternatives: These 6 Stocks Are Just Waiting for Nvidia’s Weakness to Increase!

When Nvidia stock falls, there are certain stocks in the S&P 500 that tend to rise. According to CNBC, these are the following companies.

The distiller Brown-Formanthe game developer Electronic artthe manufacturer of health products Henry Scheinwho outsources software
Informedthe American manufacturer of veterinary medicines and vaccines for pets and farm animals Zoetis and the stock market Cboe are such beneficiaries.

In recent weeks and the year before, the stocks mentioned showed an inverse correlation Nvidia. Especially after Nvidia’s stock price entered the correction zone again this month. “Investors might consider selling Nvidia as well,” recommends Katie Stockton of Fairlead Strategies. “Current chart patterns indicate a potential major pullback.”

Show LongShort

wallstreetONLINE editorial team

0 follower

Show more

Subscribe HERE for the newsletter from the wallstreetONLINE editorial staff – an overview of all the top topics of the trade fair week! Don’t miss an important investor topic!

The editor-in-chief of the wallstreetONLINE editorial team is responsible for contributions to this journalistic channel.

The specialized journalists from the WallstreetONLINE editorial team, together with their colleagues from the partner editorial offices, report exclusively, well-founded, balanced and independent for investors.

The central editorial staff conducts intensive research to provide investors in the self-decision category with relevant information for their investment decisions.

Show more

Subscribe to the RSS feed