Plus a look at what’s going on with Apple and Nvidia.
In this podcast, Motley Fool analyst Bill Mann discusses:
Motley Fool senior analyst Asit Sharma talks with Motley Fool producer Rickey Mulvey about separating signal from noise in the metaverse.
To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center . To get started investing, check out our quick-start guide to investing in stocks . A full transcript follows the video. Video Player is loading. Play Video
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captions off, selected Audio TrackFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteTransparencyOpaqueBackgroundColorBlackTransparencyOpaqueWindowColorBlackTransparencyTransparentFont Size100%Text Edge StyleNoneFont FamilyProportional Sans-SerifReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Should you invest $1,000 in NVIDIA Corporation right now? Before you consider NVIDIA Corporation, you’ll want to hear this.Our award-winning analyst team just revealed what they believe are the 10 best stocks for investors to buy right now… and NVIDIA Corporation wasn’t one of them.The online investing service they’ve run for two decades, Motley Fool Stock Advisor , has beaten the stock market by 3X.* And right now, they think there are 10 stocks that are better buys. *Stock Advisor returns as of June 2, 2022 This video was recorded on May 26, 2022. Chris Hill: We’ve got the latest from two of the biggest companies in America, as well as a closer look at the metaverse. Motley Fool Money starts now. I’m Chris Hill, and back by popular demand is Motley Fool Senior Analyst Bill Mann. Thank you for being here. Bill Mann: A vote of one to not nothing, which is a landslide. Chris Hill: Long time listeners know that every once in a great while, I will have someone lined up for the show, and then something happens. Life intervenes. It’s not important who it was, but in this case, the person who was lined up for today’s show, their laptop melted down, so they’re dealing with bigger issues, and so coming in out of the bullpen, my good friend Bill Mann. I do appreciate you being here. I want to start with Nvidia because this is another interesting day. We focus on the long term. It doesn’t mean that, in the very short-term, stock movements can’t be interesting to ruminate on. For those who missed it, the graphics chip-maker had good result in the first quarter. They said they’re going to slow down their hiring, focus more on controlling costs, and after hours yesterday, the stock was down 10 percent. You and I are talking in the middle of the trading day on Thursday, and shares are up four percent. Do you think somewhere in between late yesterday and right now, enough people on Wall Street realized, “Oh, wait, this is a really good business with a really good leader.” [laughs] What do you make of this? Bill Mann: What are we doing? I love the way that you’ve introed that because I think that when it dropped 10 percent, I think it was a snap judgment based on the fact, at least partially, that Nvidia said that their guidance was going to be lower for the remainder of the year. They’re guiding down about $500 billion. Almost all of that is in the form of loss of revenues to China and Russia, that’s what they’ve said. So it should not have been a surprise, but I think you really saw a form of ready, fire, aim. It was a very good quarter for Nvidia. You’re right that we don’t tend to talk about short-term movements. Looking at Nvidia right now, it’s a $446 billion company. It has been as high as $700 billion this year and as low as 400. So you’re talking about a $300 billion swing in what the market perceives the value of Nvidia to be. Now, I don’t know about you, but I consider a 300 billion to be quite a lot of money. Chris Hill: As do I. Bill Mann: Good. I don’t want to make assumptions about your tax brackets or anything, Hill, but to me, $300 billion is a lot of money. It just goes to show why you should […]
