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benzinga.com
173 days

Navellier Dismisses Emerging Markets: 'Everybody's In A Recession Except For Us' - NVIDIA (NASDAQ:NVDA), Super Micro Computer (NASDAQ:SMCI)

1. Navellier highlights U.S. resilience amid global recessions. 2. Comments positively on NVIDIA's monopoly and valuations. 3. Sees no overvaluation concerns among growth stocks. 4. Consumer confidence dips, but may be weather-related. 5. Manufacturing indicators show positive trends for the U.S.

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FAQ

Why Bullish?

Navellier's positive view on NVIDIA's monopoly suggests continued demand and perceived value, similar to previous market leaders that thrived despite economic downturns.

How important is it?

Navellier's endorsement of NVDA reflects analysts and growth investor sentiment, which can impact trading behavior.

Why Short Term?

Immediate market sentiment around growth stocks can affect NVDA's price, especially with current volatility in consumer confidence, as seen in past market responses.

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