Two Stocks Are Quietly Beating Nvidia, and Wall Street Wants Them 30% Higher
Two Stocks Are Quietly Beating Nvidia, and Wall Street Wants Them 30% Higher
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This article from BeInCrypto discusses the performance of Nvidia stock (NVDA) and Taiwan Semiconductor (TSM). It highlights NVDA trading near record highs but cautions about its historical post-earnings drops, noting that TSM has often fared better in such scenarios.
Nvidia stock (NVDA) is trading near record highs at $225.30, up about 7% this week, ahead of its August 26 earnings report. Yet history carries a warning. The stock has dropped the day after earnings six times since August 2024, and each time its own chipmaker, Taiwan Semiconductor (TSM), took the hit better. Analysts now