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The Key Question Facing Nvidia Stock

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It’s important not to overreact to the recent declines in Nvidia (NASDAQ:NVDA) stock. Long-term, I still believe Nvidia stock is a buy. Short-term, it has been a different story. Nvidia stock has fallen 18% in just the last eight trading sessions before today. (37-1)

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Intel Corp.'s (INTC) problems started in June; when then CEO Brian Krzanich stepped down and the CFO Robert Swan took over as the interim CEO. Making matters worse, the company reported in its second-quarter results that there was a delay in its 10-nanometer chip until the second-half of 2019. Shares of Intel have declined by over 27% since early June and may be undervalued by as much as 15%. (2-0)

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