A Nvidia Pullback Is Not a Problem – It’s an Opportunity.

Here’s why… [TradeSmith Daily]( A Nvidia Pullback Is Not a Problem — It’s an Opportunity. If it feels like everyone you encountered this year — from your mailman to your Uber driver — has brought up artificial intelligence (AI) in small talk, it’s not just anecdotal evidence that people are captivated by this technology. It’s true that everyone is talking about AI. According to proprietary data from our friends at LikeFolio, mentions about AI and its potential have skyrocketed a staggering 486% year-over-year. And at the center of this buzz in the investing world has been one company — Nvidia Corp. (NVDA). RECOMMENDED LINK [NVDA Stock is SURGING, But This $2 AI Gem Has Even More Upside Potential]( With Nvidia’s dominance in AI, its trailblazing technology, and the escalating demand for AI applications it makes a robust candidate for continued growth. But if you feel like you missed out on Nvidia’s meteoric rise, and you don’t want to wait around for a pullback, there are smaller players out there ready to breakout... If you know where to look. Just recently, [this system helped us spot what we believe could be one of the biggest undercover AI opportunities of the decade](. But with AI tailwinds at its back, this $2 stock is only just getting started. [Go here now for the details]( The leader in AI chips triggered an Entry Signal in our system on Feb. 21 when it was trading for $210 per share, and I covered the full details on March 2 about why Nvidia could have huge upside because of the emerging AI market [here](. But when I caught up with Andy Swan from LikeFolio, he told me more recent signals are hinting that this burst of AI exuberance is losing a bit of steam. It started when, after a period of rapid popularity gain, AI giant ChatGPT saw its first-ever user decline between May and June, according to data from internet analytics firm Similarweb LTD (SMWB). And, for Nvidia, LikeFolio data found a 15% quarter-over-quarter drop in Purchase Intent mentions, which is LikeFolio’s consumer-facing demand metric. This recent downturn in demand may be telling us that Nvidia’s shares could be in for a near-term stumble. In fact, the LikeFolio team believes Nvidia’s shares could drop back as much as 15% in the short term. That might not sound like “good” news if you’re an NVDA investor. But when you have a long-term outlook, any dip in price is actually an opportunity. RECOMMENDED LINK [Free Demo Inside...]( [This incredible new app may have just solved investors’ number one problem](. You see, most people are terrible at buying and selling stocks at the right time. But the TradeSmith app takes the emotion out of investing. It’s quant software alerts you to the mathematically correct time to buy and sell for maximum profits. We’re on a mission to get the TradeSmith app in as many hands as possible... So for the first time ever, we are giving anyone who watches [this free demonstration]( a chance to test this product for 30 days. [Click here to view this opportunity]( The AI Superstar Andy said that while we might witness a short-term dip in Nvidia’s stock price, the long-term forecast remains robust. Nvidia is a clear front-runner among chipmakers for AI applications, having tinkered with artificial intelligence applications for decades. Its chips and graphics cards can already be found behind [some of the world’s most profound AI tech](. We’re talking scientific breakthroughs like the James Webb Space Telescope and rapid DNA sequencing, made possible by Nvidia. It blazed the trail for GPU-accelerated computing with a novel approach where the GPU takes on many of the intricate tasks typically handled by the CPU, making everything from AI to autonomous vehicles possible. All this has positioned Nvidia as a vital player in the AI arena, with specialized technology equipped to manage the colossal amounts of data and computations needed for machine learning and neural networks. There’s no denying it: Nvidia is a superb long-term investment opportunity. If anything, Andy says that a pullback in NVDA’s stock price could be your gateway to investing in a leader in the AI revolution. The firm’s dominance in AI, its trailblazing technology, and the escalating demand for AI applications make it a robust candidate for continued growth. [And Nvidia is just one opportunity that is on the LikeFolio team’s radar.]( Enjoy your Friday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith [Download now on the Apple Store]( [Get It On Google Play]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Request Customer Service](mailto:support@tradesmith.com) ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers’ exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith’s content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. 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