Fed's Inflation Fight & Stock Picks: NVDA, BKNG

"The stock market today is resilient, but I am still concerned that inflation is high. It is too early to declare victory despite Jerome Powell saying deflation has begun. The Federal Reserve will not shy away from future interest rate hikes. In terms of Nvidia (NVDA), I like the stock as long as it can hold above $190. I think scaling in over the next three months would be the smart move. For Booking (BKNG), people are still booking travel and that does not appear to be slowing down," says Eddy Gifford.

The Watch List

10 Feb 2023

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