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Need to Know: Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs Need to Know August 22, 2023 View in Web Browser Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs By Barbara Kollmeyer Critical information
The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off from Nasdaq.
A bullish tech analyst says a strong earnings report from NVIDIA, fueled by AI dominance, will rekindle a rally in the tech sector.
We expect inflation and rates to remain higher than the last decade. We favor tech within growth and cyclicals within value.
