Tech investor outperforms 97% of peers by reducing Nvidia stake due to over-reliance on top customers
Paul Wick, from Seligman Investments, has been reducing his stake in NVIDIA Corp. recently due to concerns about its earnings growth potential. He mentioned that his enthusiasm for the stock has decreased in the past few weeks. Wick, who has a background in technology investing, compared Nvidia to Cisco Systems during the dot-com bubble, noting … Read more