Nvidia CEO Jensen Huang Just Said Software Stocks Are Oversold. 2 Easy Buys To Make Now

Software stocks have been crushed but there could be a light at the end of the tunnel.Nvidia's (NVDA 5.55%) highly anticipated fourth-quarter earnings report wasn't enough to lift its own stock, but it did give a boost elsewhere. Software stocks rallied on the report due in part to comments from Nvidia CEO Jensen Huang, and as Nvidia's update set off a rotation in the tech sector on Thursday from chip stocks to software-as-a-service stocks (SaaS).Software stocks have been pummeled this year on fears that AI ...

Nvidia CEO Jensen Huang Just Said Software Stocks Are Oversold. 2 Easy Buys To Make Now - Reportify