"Dr. Michael Burry might have bearish positions on Nvidia ( NASDAQ:NVDA), Palantir ( NASDAQ:PLTR), and a lot of worrisome things to say about the AI trade (spoiler alert: he thinks it's in a bubble). But not everybody is in the same camp as him, and while only time will tell if the bulls or bears prevail with the names and the AI tech trade in general (bubble or no bubble?), I do think that it's a good idea to have some perspective."
"When it comes to Nvidia, it's very lonely outside of the bull camps, at least as far as the analyst community is concerned. Apart from Burry and a select few skeptics on the sell side, it's still popular to be a bull on the company in spite of greater competitive pressures from the likes of Google and its TPUs. As for Palantir, however, there are more skeptics with the name, likely because of its much higher valuation."
Dr. Michael Burry holds bearish positions on Nvidia and Palantir and considers the AI trade to be in a bubble. Bank of America remains bullish on both companies and labels their shares as buys going into the new year. Both names carry extended valuations, with Nvidia still widely favored by analysts despite a few skeptics and competitive pressure from Google TPUs. Palantir faces more skepticism driven by its higher valuation. Bank of America cites reasons suggesting both growth titans could still gain upside and potentially march higher into 2026. Prospective investors should weigh both bearish and bullish perspectives.
Read at 24/7 Wall St.
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