Finance
Financial advisors reveal their current strategies for handling Nvidia investments
A recent CNBC poll of financial advisors reveals that most are holding their Nvidia positions steady following Jensen Huang's exit, with none reporting that they are currently selling.
CNBC polled members of its Financial Advisor 100 and Financial Advisor Council to understand how wealth managers are reacting to Nvidia following Jensen Huang's exit. Out of 122 contacted, 30 firms responded, with 19 holding steady, four increasing their stake, seven holding no stock, and none selling. Advisors noted they are taking a wait-and-see approach, focusing on long-term fundamentals and upcoming earnings reports. Many pointed out that Nvidia typically makes up a manageable percentage of diversified portfolios, while factors like AI demand and client risk tolerance will guide future adjustments.
Powered by AI