2 Tumbling Mega-Cap Stocks That Could Keep Crashing
It can be tempting to take advantage of slumping stock prices. Sometimes the market goes overboard, pushing a particular stock into bargain territory. At other times, a big decline is just the beginning as the story that underpins a stock begins to unravel.
Both Nvidia (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA) are getting slammed as investors hit the sell button amid growing unease about the economy, tariffs, and inflation. Here's why neither stock looks like a buy.
Shares of Nvidia, the overwhelmingly dominant supplier of artificial intelligence (AI) accelerators, have slumped around 20% from their 52-week high. The company's results remain impressive, and demand for its AI accelerators is still booming. Nvidia's data center segment generated more than $35 billion in its latest quarter, and profit margins remain sky-high.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 104 Buy predictions and 40 Sell predictions.
On the other hand, the target price of 409 € is below the current price of 416.9 € for Tesla Inc, so the potential is actually -1.89%.
