A majority don't think Nvidia is a great investment at these levels.is the clear favorite when it comes to the stock market, according to the latest results of CNBC's Delivering Alpha Stock Survey.rose 68% during Trump's four years in office versus the 44% gain so far under Biden's administration. Thejumped 137% during Trump's administration, compared with a 34% gain for Biden three and a half years into his four-year term.
Seventy-seven percent of the survey respondents said they trusted the central bank to do right by the American economy, but 23% said they didn't trust the Fed. Two-thirds said they believe the Fed will cut interest rates before the end of this year, but 23% disagreed, saying there'll be no cut in 2024. Ten percent of respondents said they would urge the Fed to cut at the next meeting on July 30-31.
A vast majority, some 80%, said they were uncomfortable with how tech heavy the major indexes have become to the point where it makes them nervous.rise. The stock is up more than 150% in 2024, but down about 12% from its 52-week high as of Thursday's close. The drop was logged all in the last week.Seventy percent of CNBC's respondents said they own the stock. Thirty-nine percent said they will continue to hold it, without buying more for now.
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