Nvidia is still 'a beast' despite slowing growth: Strategist

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Semiconductor manufacturer Nvidia (NVDA) will be releasing its third quarter fiscal 2025 earnings results later this afternoon as Wall Street waits with bated breath. Mariner Wealth Advisors chief investment strategist and head of equities Jeff Krumpelman joins Morning Brief to discuss his expectations for the report.

"Nvidia is just a beast," Krumpelman states, highlighting the company's exceptional revenue growth, profit performance, and competitive advantages within the chip landscape. He points to Nvidia's "ecosystem" of products, saying it puts the semiconductor giant "heads and shoulders above competition."

Hennion & Walsh chief investment officer Kevin Mahn has previously described to Yahoo Finance that Nvidia's ultimate goal is to become the "hub of the AI ecosystem."

While acknowledging that the company's previous "triple level growth" is slowing, Krumpelman remains bullish. "This is an innovative company that's continued to push on that front," he explains, anticipating continued product and software developments that will expand margins.

"Expectations are high going into this quarter, but we think the secular trends and demand for generative AI is just there," Krumpelman notes, adding that he views any potential stock price dip following the earnings report as "a buying opportunity."

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This post was written by Angel Smith