Daily Alpha · Substack
· Midday Alpha · by Buzzberg Research
Tae Kim calls Nvidia extremely undervalued at $160 and names Rene Haas or Ian Buck as successors, while Nonconsensus argues AI capex growth has peaked.
Tae Kim says Nvidia can keep thriving if the board picks Rene Haas or Ian Buck and calls the stock extremely undervalued at $160
Kim argues robust AI compute demand and a deep bench support the company, and wants the board to retain Jonah Alben.
The author of a book on Nvidia now argues the company can succeed without Huang.
Watch Whom the board names as permanent CEO.
Source →Nonconsensus argues AI capex growth has peaked and will turn from an earnings support into a drag
The post says the AI buildout is set to shift from supporting earnings growth to being a drag in coming years, teeing up disappointment because extraordinary outcomes are expected far into the future.
Earnings expectations that rely on AI spending growth face disappointment risk.
Source →Rooster Global calls gold's $3,957 level a bottom and tells readers without gold to buy
Rudy & Rooster frame gold at $3,957 as a bottom and explicitly tell readers without gold exposure to buy, as a contrarian bottom call on gold itself rather than a named ETF or miner.
An explicit buy call on gold at the $3,957 level.
Source →QTR's Fringe Finance expects more bad news from the Nvidia scandal
The author says the Nvidia scandal keeps getting uglier and that investors expecting a quick return to normal are making a serious mistake.
A bearish view against a quick Nvidia recovery.
Source →