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Nvidia Stock Slide Signals Time to Reposition, Says Wealth Manager Michael Landsberg: 'I Wouldn't Buy Tech Here On The Dip'

2025-03-21 1,416 Dailymotion

According to Benzinga, Nvidia's stock has struggled year-to-date despite optimistic analyst calls and a highly anticipated GTC keynote. Chief investment officer at Landsberg Bennett Private Wealth Management Michael Landsberg warned that AI stocks are overcrowded and due for a pullback. He told Reuters he wouldn't buy tech on the dip, citing economic slowdown concerns, potential tariff issues, and excessive exposure to AI stocks. While analysts remain bullish on Nvidia's long-term prospects, Landsberg emphasized short-term headwinds, including macroeconomic pressures and investor saturation in AI-related holdings.