Today’s video focuses on Nvidia (NASDAQ: NVDA) and how the crypto decline could create short-term pain for investors. As crypto continues to go down, the number of used graphics cards entering the market increases, which can cause a surplus of supply. Check out the short video below to learn more and why I believe Nvidia can still be a long-term winner.
*Stock prices used were the market prices of June 21, 2022. The video was published on June 21, 2022.
Jose Najarro has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.