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Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 447.97-1.2%3:59 PM EDT

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To: JakeStraw who wrote (1609)8/17/2018 12:44:09 PM
From: zzpat  Read Replies (1) of 1656
 
This is the most messed up quarter since the Great Recession. We don't know if sales in many companies were real sales or whether companies were buying inventory to get ahead of the tariffs. There are some reports that strongly suggest 2% of the last GDP report came from higher inventories because CEOs feared tariffs. 2% is massive.

Does NVDA know if their GPUs were purchased by China in advance of tariffs etc? No one knows. This quarter is the most unknown quarter in history since no one knows if any of it is true. Top and bottom lines may not be true, which means margins and EPS are not true. What's true?
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