Last month, we shared a story about Seaport Global Securities analyst Jay Goldberg, who defied the odds as the only voice out of 80 Bloomberg stock watchers who rated Nvidia as a “sell.” While Goldberg makes some very good points — mostly, that AI simply isn’t proficient enough, at least yet, to justify its incredible chokehold on the US economy — the consensus on Wall Street has been firmly against him.

Case in point, even after Goldberg made his assessment in the last week of October, investors continued to dump money into Nvidia, which is seen as the “shovel merchant” to the AI goldrush. So much money, in fact, that the company’s market cap briefly shot up above $5 trillion — the first company in history to do so.

All that is to say, conventional wisdom is that you’d be nuts to pull a

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