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Swissquote Bank analyst Ipek Ozkardeskaya stated that even if Nvidia's (NVDA.O) earnings after Wednesday's closing are stronger than expected, the company's stock price may still fall. She said, "Investors may take advantage of the positive earnings news to take profits, which could accelerate the stock price correction." Ozkardeskaya suggested that investors consider diversifying from expensive US tech stocks into other regions including Europe and the UK, or into more defensive sectors. She believes that gold, US treasuries, and investment-grade bonds are also good choices as these assets may benefit from future interest rate cuts.
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