Key insights
- An investor is questioning their concentrated NVDA position ahead of earnings, citing potential post-earnings dip and opportunity cost from other high-growth stocks. This reflects individual investor sentiment but has limited direct market-wide implications.
I bought 284 shares of Nvidia, sitting at ~80% of my portfolio in anticipation for their earnings on Wednesday, and am currently down ~2500.
I've been doing lots of research and it seems Nvidia pretty much always dips after earnings and then recuperates tenfold, but from what I'm seeing, stocks like NOW, NBIS, RKLB, etc are all taking turns growing like crazy, in the realm of dozens to hundreds of % per month.
I know NVDA will almost surely grow if given time, but I can't help thinking that my portfolio would be better off if I sell some NVDA at a loss, since I could be making more money