Veteran Wall Street trader’s move will surprise Nvidia investors
From Yahoo Finance: 2025-05-08 19:10:00
In TheStreet’s Stock & Markets Podcast, Todd Campbell explains his investment strategy to Chris Versace, focusing on two buckets: forever and rental stocks. Campbell, a former editor in chief for TheStreet, follows Warren Buffett’s method and owns Nvidia since 2017. He sold Nvidia in April due to market uncertainties. Nvidia stock surged after the Trump administration rescinded AI chip controls. Campbell now holds more cash and focuses on position trading mindset for rental stocks. Analysts have adjusted AMD’s stock price targets ahead of earnings, signaling potential changes in the market. SoundHound may not fit into the current market uncertainty, leading investors to reevaluate emotional attachments to investments. The conversation shifts to trade deals and market frustrations, with uncertainty surrounding future market trends. Veteran fund managers offer surprising updates on S&P 500 forecasts, highlighting ongoing market unpredictability. Fear in the market has decreased since early April, but future reactions and trends remain uncertain.
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