Nvidia (NVDA) Is A Market Leader That Trades At A Premium To Its Peers

The risk/reward for the market is not particularly favorable, notes Shana Sissel. She discusses what we learned from earning season. She talks about how economic strength is really being maintained by strong consumer spending. She highlights that given inflation is well above 1-2%, the market multiple and target S&P 500 are even less attractive. She doesn’t believe there’s a scenario where the Fed cuts rates in the next 12 months. Some stocks she likes include SCCO, LDOS, CAT, CI, FANG, and NVDA. She mentions that Nvidia (NVDA) is a market leader who consistently trades at a premium to its peers and its earnings have consistently been underestimated by the street. Tune in to find out more about the stock market today.