News Digest / Ticker: CSCO

Ticker: CSCO

04:52am, Friday, Jun 21, 2024
Paul Wick of Seligman Investments trims Nvidia (NVDA) stake, citing growth concerns. Nvidia, reliant on top 10 clients for 60-70% revenue, draws parallels with dot-com era Cisco. Despite AI-driven surge, long-term sustainability questioned. Keep Nvidia on watch.