TechFlow, Aug. 27 — According to Jinshi Data, Swissquote analyst Ipek Ozkardeskaya said that even if Nvidia's (NVDA.O) earnings after Wednesday’s close surpass expectations, the company’s stock price could still decline.
She stated: "Investors may take profits on the back of positive earnings, which could accelerate a stock correction." Ozkardeskaya suggested investors consider diversifying away from expensive U.S. tech stocks into other regions such as Europe and the UK, or into more defensive sectors. She believes gold, U.S. Treasuries, and investment-grade bonds are also good options, as these assets could benefit from future rate cuts.
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