Sell Alert for This Popular AI Stock

The Perils of “Priced for Perfection” [StreetAuthority]    From Our Partners  [Sell Alert for This Popular AI Stock]( After the biggest tech selloff since 2022, this one stock could devastate AI investors. [Get its name and ticker here.](   The Perils of “Priced for Perfection” By John Persinos  When a stock is priced for perfection, any deviation from expected performance can cause a sharply negative market reaction. A stumble turns into a faceplant. In the richly valued technology sector, investors have baked in expectations of continuous, robust growth, especially for the mega-cap “story stocks.” However, if a priced-for-perfection company reports earnings or guidance that even slightly misses these high expectations, it can result in a sell-off. The market’s reaction is magnified because the high valuation leaves little cushion for negative news. High valuations can create psychological pressure. Investors may perceive that stocks are overvalued and more prone to a correction. If bad news emerges, panic selling may ensue. This herd mentality has been especially prevalent among the “Magnificent Seven” tech giants during second-quarter earnings season. All of which brings me to the earnings releases this week of “Magnificent Seven” member Nvidia (NSDQ: NVDA) and Dow 30 component Salesforce (NYSE: CRM). Performance vs. Expectations Chipmaking giant Nvidia and software maker Salesforce are two tech bellwethers that released operating results after the market closed Wednesday. The response of investors exemplified the good-but-not-good-enough syndrome. Despite strong results, the share prices of both companies dropped Thursday. [Read More...](   [pointing to chalk board]( [“Smart Money” Profit Potential With An 12% + Dividend?]( I’ve found a $14 “specialty banker” that large institutional buyers have spent the past few months snapping up shares of at a breakneck pace. And when the “smart money” starts making moves like that – it only means one thing… They see big profit potential. Best of all, you can collect a stout 12%+ dividend while waiting for the capital gains to start rolling in… [Details here.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.