Hedge funds are increasingly betting against stocks, with Nvidia $NVDA, Advanced Micro Devices $AMD and Tesla $TSLA their three largest short positions, a Morgan Stanley report showed Thursday.
How do you see it? Buy, Hold or Short? 😄
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Hedge funds are increasingly betting against stocks, with Nvidia $NVDA, Advanced Micro Devices $AMD and Tesla $TSLA their three largest short positions, a Morgan Stanley report showed Thursday.
How do you see it? Buy, Hold or Short? 😄
A community member's personal view, not investment advice. Community Guidelines
NVDA and AMD to hold or accumulate and TSLA to sell (this is long term if short term 🤷♂️) As for Tesla the main red flag for me is not so much Musk but: https://www.scmp.com/business/china-business/article/3298118/byd-add-autopilot-system-evs-gain-edge-amid-chinas-price-war
If FSD is going to be free it completely changes the game and demolishes ARK's calculations, Tesla's projected profits are where...? Oh and Optimus that's also a question, have you checked out how Boston Dynamics is doing in this business? Well as usual disclaimer, just an opinion no recommendation.
The Hang Seng fell -2.09% on bank and tech weakness. This follows a lower US close, with the S&P 500 down -0.2%.
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