Veteran Investor Says He’d “Kill to Have Nvidia” in the Low $90s

From Yahoo Finance: 2025-04-14 12:38:00

Commerce Street Holdings CEO Dory Wiley suggests buying Nvidia (NVDA) at low-$90 range, citing low tariff exposure and attractive valuation. Wiley also praises JPMorgan (JPM) for its strong Q1 results. He believes NVDA is a strong AI bet despite market volatility. Wiley states that historically, buying during stock declines has been profitable, especially when the Vix exceeds 40. JPM reported good Q1 results across the board, with revenue from equity trading up 48% year-over-year. Wiley highlights the potential of AI stocks for higher returns, suggesting an AI stock trading at less than 5 times earnings.



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