Demmert: Investors Overblew A.I. Bubble Fears, NVDA Growth Justifies Valuation

James Demmert says investors underestimated Nvidia (NVDA) into its earnings and overblew A.I. bubble concerns. He says the company's earnings justify its valuation, adding that the growth with Nvidia's current business model can continue through 2028. As for the SPX, James sees the index hitting 7,100 if the Fed cuts interest rates in December.

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