Still Building ‘Priceless’ List As Stocks Wobble

Nvidia has become so important as a benchmark stock, like chemical giant ICI in earlier years, that it is hard to say if its shares are falling because the market is falling or the whole market is falling because Nvidia shares are weak.

Both the chart and the fundamentals remain amazing. What is most likely happening is a period of profit-taking/ consolidation. I am sure founder Jensen Huang still sees many opportunities ahead. After a big share split, 10:1 in the case of Nvidia, there is always the possibility of heavy profit-taking.