Is Nvidia Stock Actually Undervalued? And the Insurance Impact of Hurricane Idalia 8/30/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 30 August 2023
⏱️ 45 minutes
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Transcript
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| 0:00.0 | Right now in fast, a bargain chip shares of NVIDIA have more than tripled this year |
| 0:05.8 | and are trading at all time highs, but one top analyst says it's still cheap. |
| 0:09.1 | We'll hear from Ben Rites' of Millius Research to find out why he thinks there's more room |
| 0:12.8 | to run for this red hot stock. |
| 0:14.9 | Plus, assessing the damage, insurance companies bracing for a flood of claims in the wake |
| 0:19.4 | of Hurricane Adalia, but the impact on the insurance industry could be much greater |
| 0:23.5 | than this one big storm and in-depth look coming up. |
| 0:26.8 | And later, so bad, it's good. |
| 0:28.1 | The charmasters here with a couple of beaten down names. |
| 0:30.4 | He says are primed to pop. |
| 0:32.2 | I'm Melissa Lee. |
| 0:33.2 | This is fast money. |
| 0:34.2 | We're live at the Nasdaq Market site on the desk tonight. |
| 0:35.6 | Steve Brasso, bottom of nice and Tim Seymour and Julie Beale. |
| 0:39.2 | We start off at the big tech rally getting refilled in a big way. |
| 0:42.0 | The Nasdaq leading the broader markets today now at more than 3% already this week. |
| 0:46.6 | The S&P 500 and the Dow also seeing strong gains as the major markets try to end the month |
| 0:50.8 | on a positive note. |
| 0:52.2 | And Vidya, a major driver for the rally shares hitting another record today and are |
| 0:57.3 | up 7% since Monday. |
| 0:59.2 | It is now up 237% so far this year. |
| 1:03.6 | It's not the only tech stock seeing strength. |
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