{"id":135614,"date":"2024-12-11T00:20:54","date_gmt":"2024-12-10T17:20:54","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=135614"},"modified":"2024-12-11T00:20:54","modified_gmt":"2024-12-10T17:20:54","slug":"people-just-want-to-believe-santa-claus-rally","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=135614","title":{"rendered":"People Just Want to Believe \u2018Santa Claus Rally\u2019"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->We recently published a list of <strong><a href=\"https:\/\/www.insidermonkey.com\/blog\/10-buzzing-ai-stocks-this-week-1404074\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 Buzzing AI Stocks This Week;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 Buzzing AI Stocks This Week<\/a><\/strong>. In this article, we are going to take a look at where Nvidia\u00a0Corp (NASDAQ:NVDA) stands against other buzzing AI stocks this Week.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Paul Hickey, Bespoke Investment Group co-founder, said while talking to CNBC in a latest program that despite the market gains still concentrated in a few names, he\u2019s bullish short and long term because of AI.<!-- HTML_TAG_END --><\/p>\n<blockquote class=\"neo-blockquote yf-1ba2ufg\">\n<p class=\"yf-1ba2ufg\"><!-- HTML_TAG_START -->\u201cThe longer term play is the AI trade. This is an AI bull market. Every bull market has a theme, and ChatGPT was to AI what Netscape and AOL were to the internet.\u201d<!-- HTML_TAG_END --><\/p>\n<\/blockquote>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Hickey also mentioned the possible scenario where market gains would start to broaden out.<!-- HTML_TAG_END --><\/p>\n<blockquote class=\"neo-blockquote yf-1ba2ufg\">\n<p class=\"yf-1ba2ufg\"><!-- HTML_TAG_START -->\u201cChatGPT didn\u2019t invent AI; it made it tangible for consumers and businesses, just like Netscape with the internet. It caused, you know, made it a lot more practical on the part of businesses and the consumer. So I think in that respect, there\u2019s a lot more investment to go, and we\u2019ve seen the infrastructure stocks in AI benefit. But even just last week, some of these software names\u2014and we\u2019re going to slowly start to see that broaden out to the rest of the economy.\u201d<!-- HTML_TAG_END --><\/p>\n<\/blockquote>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong><b>READ ALSO<\/b><\/strong><strong><b>\u00a0<\/b><\/strong><a href=\"https:\/\/www.insidermonkey.com\/blog\/jim-cramers-latest-lightning-round-11-stocks-to-watch-1382263\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Jim Cramer\u2019s Latest Lightning Round: 11 Stocks to Watch;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><b>Jim Cramer\u2019s Latest Lightning Round: 11 Stocks to Watch<\/b><\/strong><\/a><strong><b>\u00a0and\u00a0<\/b><\/strong><a href=\"https:\/\/www.insidermonkey.com\/blog\/jim-cramer-on-amd-and-other-stocks-1382952\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Jim Cramer on AMD and Other Stocks;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><b>Jim Cramer on AMD and Other Stocks<\/b><\/strong><\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->For this article, we picked 10 AI stocks currently buzzing on the back of latest news and analyst ratings. With each company we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter\u2019s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points<strong><b>\u00a0(<\/b><\/strong><a href=\"https:\/\/www.insidermonkey.com\/premium\/newsletters\/quarterly\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:see more details here;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><b>see more details here<\/b><\/strong><\/a><strong><b>).<\/b><\/strong><!-- HTML_TAG_END --><\/p>\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-g633g8 loader\" style=\"--max-height: 538px;\">\n<div class=\"image-wrapper yf-g633g8\" style=\"--aspect-ratio: 960 \/ 538; --img-max-width: 960px;\"><img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Dan Niles on Nvidia (NVDA): People Just Want to Believe \u2018Santa Claus Rally\u2019\" loading=\"eager\" height=\"538\" width=\"960\" class=\"yf-g633g8 loader\"\/><\/div>\n<\/div><figcaption class=\"yf-8xybrv\"><!-- HTML_TAG_START -->Dan Niles on Nvidia (NVDA): People Just Want to Believe \u2018Santa Claus Rally\u2019<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->A close-up of a colorful high-end graphics card being plugged in to a gaming computer.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong><em><b><i>Number of Hedge Fund Investors: 193<\/i><\/b><\/em><\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Commenting on Nvidia\u00a0Corp (NASDAQ:NVDA)\u00a0results last month, Dan Niles, Niles Investment Management founder and portfolio manager, said that when Nvidia said in its call that the demand would surpass supplies for the next \u201cseveral quarters,\u201d it set the bar lower for those who \u201cbelieve the dreams.\u201d<!-- HTML_TAG_END --><\/p>\n<blockquote class=\"neo-blockquote yf-1ba2ufg\">\n<p class=\"yf-1ba2ufg\"><!-- HTML_TAG_START -->\u201cThey just reset the bar lower. Things are going to accelerate as you go into next year, and so, depending, you\u2019re in a really great seasonal time of year for stocks. People just want to believe in the Santa Claus rally.\u201d<!-- HTML_TAG_END --><\/p>\n<\/blockquote>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Niles then made his case for the expected slowdown and reality check for Nvidia\u00a0Corp (NASDAQ:NVDA)\u00a0in the future:<!-- HTML_TAG_END --><\/p>\n<p><button class=\"secondary-btn fin-size-large readmore-button rounded   yf-15mk0m\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<div class=\"read-more-wrapper\" style=\"display: none\" data-testid=\"read-more\">\n<blockquote class=\"neo-blockquote yf-1ba2ufg\">\n<p class=\"yf-1ba2ufg\"><!-- HTML_TAG_START -->\u201cYou\u2019re going to, at some point next year, run into an issue where you\u2019ll need to see a return on investment for the money you\u2019re putting in. Think about Microsoft\u2014they cut estimates after the June quarter report and again after the September quarter report. At their Ignite conference, they even mentioned hitting a wall, potentially with scaling loss.<!-- HTML_TAG_END --><\/p>\n<\/blockquote>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Simply beating earnings estimates is not enough for NVIDIA Corporation (NASDAQ:NVDA) anymore. The stock fell despite reporting better-than-expected numbers for the latest quarter. However, analysts are sensing a growth slowdown. Nvidia\u2019s Q4 revenue guidance missed the buy-side whisper number of $39 billion, and the company expects gross margins to keep shrinking next quarter. For Q4, non-GAAP gross margin is projected at 73.5%, down from 75% in Q3. NVIDIA Corporation\u2019s (NASDAQ:NVDA) biggest customers, cloud hyperscalers \u2014 which account for 50% of its revenue \u2014 are increasingly developing in-house AI chips and collaborating with competitors like AMD. This raises concerns about Nvidia\u2019s medium-to-long-term growth in demand and margins.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Columbia Seligman Global Technology Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its\u00a0<a href=\"https:\/\/www.insidermonkey.com\/blog\/heres-why-columbia-seligman-global-technology-fund-remains-cautious-about-nvidia-corporations-nvda-high-customer-concentration-1398361\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Q3 2024 investor letter;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Q3 2024 investor letter<\/a>:<!-- HTML_TAG_END --><\/p>\n<blockquote class=\"neo-blockquote yf-1ba2ufg\">\n<p class=\"yf-1ba2ufg\"><!-- HTML_TAG_START -->\u201cThe fund held an underweight position in<strong><b>\u00a0NVIDIA Corporation<\/b><\/strong>\u00a0(NASDAQ:NVDA) relative to the S&amp;P North American Technology Sector, which was a headwind on performance following impressive returns from the company in 2023 and the first two quarters of 2024. NVIDIA\u2019s stock fell during periods of the quarter after the company reported second quarter earnings. While the earnings came in higher than expectations, investors were concerned that the company did not guide earnings high enough, signaling a potential slowdown in AI buildout. NVIDIA\u2019s demand remains strong and the company has forecast orders for upcoming quarters. The question that remains is whether the company can meet the demand for its AI processors and connectivity chips. Our team continues to remain cautious on NVIDIA\u2019s high customer concentration. Microsoft and Meta have driven a significant amount of the company\u2019s revenue, which presents added risk.\u201d<!-- HTML_TAG_END --><\/p>\n<\/blockquote>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Overall, NVDA <strong><b>ranks 4th<\/b><\/strong> on our list of buzzing AI stocks this Week. While we acknowledge the potential of NVDA, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the<a href=\"https:\/\/www.insidermonkey.com\/blog\/undervalued-ai-stock-poised-for-massive-gains-10000-upside\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:\u00a0cheapest AI stock;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">\u00a0<strong><b>cheapest AI stock<\/b><\/strong><\/a><strong><b>.<\/b><\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START --><strong><b>READ NEXT:<\/b><\/strong>\u00a0<a href=\"https:\/\/www.insidermonkey.com\/blog\/8-best-wide-moat-stocks-to-buy-according-to-analysts-1357153\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:8 Best Wide Moat Stocks to Buy Now;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><b>8 Best Wide Moat Stocks to Buy Now<\/b><\/strong><\/a><strong><b>\u00a0and<\/b><\/strong><a href=\"https:\/\/www.insidermonkey.com\/blog\/30-most-important-ai-stocks-according-to-blackrock-1349208\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:30 Most Important AI Stocks According to BlackRock;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><b> 30 Most Important AI Stocks According to BlackRock<\/b><\/strong><\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Disclosure: None. This article is originally published at\u00a0<a href=\"https:\/\/www.insidermonkey.com\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Insider Monkey;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><b>Insider Monkey<\/b><\/strong><\/a><strong><b>.<\/b><\/strong><!-- HTML_TAG_END --><\/p>\n<\/div><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/dan-niles-nvidia-nvda-people-152959730.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We recently published a list of 10 Buzzing AI Stocks This Week. In this article, we are going to take a look at where Nvidia\u00a0Corp (NASDAQ:NVDA) stands against other buzzing &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=135614\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-135614","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135614"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135614\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}