As has been the case for a while now, technology giants Nvidia (NASDAQ: NVDA) , Tesla (NASDAQ: TSLA) , and Apple (NASDAQ: AAPL) are not only the world's most-talked-about companies, but their stocks remain the planet's most heavily traded tickers. By and large, most of the chatter and trading is bullish.
If I'm being honest, though, I'm starting to lean in a contrarian direction with all three names. That just means while the majority of the trading crowd is bullish on these stocks, I'm in the bearish minority. Here's why for each one.
There's no denying Nvidia retains the title of artificial intelligence (AI) processing chip market leader. It sold $89 billion worth of data center silicon last quarter alone, up 117% year over year.
Continue reading