Inventory gluts at companies like Nvidia could lead to great deals on Black Friday.
One of the consequences of the coronavirus pandemic was widespread supply shortages. As a result, many retailers overreacted and ordered more products than they needed. This video will highlight why the inventory glut at companies like Nvidia (NVDA 2.07%) could lead to the best Black Friday ever for shoppers.
Stock prices used were the afternoon prices of Oct. 5, 2022. The video was published on Oct. 6, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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