Nasty Surprise Awaits Those Buying Nvidia

We’re just a week away from the earnings announcement that The Street considers the most important of the season, Nvidia (NVDA).

This is the ONE stock that everyone wants in their portfolio, and why not? Shares are up more than 50% year-to-date and 215% over the last year.

But do not buy in or add to your existing position before they report next Wednesday.

Watch CJ's video about Nvidia earnings on YouTube or below.

Being the hottest stock on Wall Street has its drawback, especially around earnings time, and Nvidia is no exception. I call it being “Priced for Perfection,” and it usually means that the stock will go on sale after its earnings.

Check out the video to see the levels you should be buying in over the next few weeks.

Enter your email for stocks to watch, market overviews, and more stories like this each morning.

By submitting your email address, you will receive a free subscription to Money Morning and occasional special offers from us and our affiliates. You can unsubscribe at any time and we encourage you to read more about our Privacy Policy.