r/wallstreetbets
Nvda and Googl
NVDA and GOOGL holder fears macro headwinds and a potential bear market despite strong AI fundamentals, asking whether to hold or wait.
- Both are blue-chip companies with strong fundamentals.
- Significant long-term growth potential, especially in AI.
- Uncertain broader market outlook due to Fed meetings, inflation, and economic growth.
- High or rising interest rates could cause significant downside for tech stocks.
- Risk of heading into a bear market or prolonged correction.
Hey everyone, this is my first post here and I’d appreciate some honest insights. I currently hold NVDA at an average price of $220 and GOOGL at $372, and both positions are well below my entry prices. I bought them because they’re blue-chip companies with strong fundamentals and long-term growth potential, especially in AI, but I’m becoming concerned about the broader market outlook. With the upcoming Fed meeting and uncertainty around interest rates, inflation, and economic growth, I’m wondering if we could be heading into a bear market or a prolonged correction. If rates remain high or increase further, could there be significantly more downside ahead for tech stocks? For those with more investing experience, would you continue holding quality companies through the volatility, average down, or wait on the sidelines for better opportunities? I’d really appreciate any constructive thoughts or experiences. Thanks in advance.