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Nvidia Stock Is Going to Soar in Remainder of 2024

Prediction: Nvidia Stock Is Going to Soar in the Remainder of 2024

Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ratio of just 28.7. From that perspective, it actually looks quite cheap!

kalkinemedia · 1h

Nvidia Stock Set to Soar in the Remainder of 2024

Nvidia, (NASDAQ:NVDA),stock soared by 150% in the first half of 2024 but has faced some challenges since mid-July as investors reassess potential headwinds. Rumors of delays in the company's latest AI chips, which are vital for its revenue, have raised con...

Barron's on MSN · 1d

Fed Matters More for Nvidia Stock Than a New AI Deal

It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.

The Motley Fool · 3h

Forget Nvidia: Buy This Magnificent Tech Stock Instead

Nvidia stock has slipped by about 7% over the past month. The stock still makes a solid long-term buy, but another tech sector player is cheaper and may have stronger momentum right now. That said, Nvidia's stock isn't cheap,

Nasdaq · 1d

Has Nvidia Stock Peaked? These Words From the CEO May Suggest What's Next

It really wasn't too long ago that Nvidia was seen as a niche opportunity among a broader sea of technology companies. And yet, today, Nvidia is the third-largest in the world as

Nvidia, Stock

The Motley Fool · 2h

Meet the New Stock-Split Stock That Outperformed Nvidia in the First Half and Wall Street Thinks Could Almost Double

And this stock is Super Micro Computer ( SMCI 0.07%), a company that saw its stock price soar 188% in the first half, surpassing Nvidia's 149% increase. Though individual forecasts vary, the average Wall Street estimate calls for the stock to climb 90% from today's level.

Opinion

MarketWatch on MSN · 2d

Nvidia’s stock has room to run — but analysts see more upside for 6 other chip makers

The semiconductor space has been an important driver for the stock market, helped especially by Nvidia Corp.’s dramatic sales growth — the company’s most recent quarterly revenue was 4.5 times as high as it was two years earlier.

Investopedia on MSN · 1d

There's 'Still Room' on the Nvidia Stock Bandwagon, Analyst Says

Nvidia's share price may have already more than doubled in 2024, but analysts at William Blair say it isn't too late for investors to get in on the fun.

Jensen Huang, Nvidia

MarketWatch on MSN · 17h

Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.

Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.

Forbes on MSN · 8d

Nvidia Stock Pops 7% As CEO Huang Touts Demand For Chips

The more than $200 billion rally came after Huang said the company’s customers are “emotional” and “tense” due to their desire for more of Nvidia’s high-tech products.

Fortune on MSN · 2d

Nvidia CEO Jensen Huang says a fear of missing out keeps him engaged in the AI race

I’m in town to speak at Dreamforce, the annual gathering hosted by Salesforce that’s now being cast as the “largest AI event in the world. I

14h

Biggest Rate Cut Stock Winners: Apple, Nvidia Rally $250 Billion, Other Rate-Sensitive Names Rake It In

A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...

Nvidia Stock is Down 10% From Its Highs. Is It Time to Buy the Dip?

Nvidia 's (NASDAQ: NVDA) stock hasn't gone on sale often, but when it has dipped slightly since 2023, it has been a ...

16hon MSN

Early Airbnb investor Rick Heitzmann tackles Nvidia earnings after stock crosses $1,000 mark

Rick Heitzmann, FirstMark Capital founder & partner, joins 'Fast Money' to talk Nvidia earnings and Apple's AI ambitions.

Nvidia's stock market dominance fuels big swings in the S&P 500

Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index , reinforcing concerns that broader ...

19h

This Nvidia ETF Has a Sky-High 77% Dividend Yield, but Should You Just Buy Nvidia Stock Instead?

That's exactly what has happened with Nvidia. Over the past year, Nvidia stock is up by 166% as the surge in AI investment ...

Surprise! Billionaire Money Managers Are Selling Shares of Nvidia and Piling Into 2 Off-the-Radar Stock-Split Stocks.

While investors flocked to the most-anticipated stock split of 2024, billionaires took the opportunity to buy shares of two other top-notch stock-split stocks.

6don MSN

Nvidia Stock Rebounds From a Rough Two Weeks. It's Still 'The Best Way to Play AI'

Nvidia stock was on track Friday to notch one of its best weeks of the year and recover most of its losses from previous ...

1don MSN

Nvidia’s stock picks up a new bull who says there’s ‘still room on this train’

A William Blair analyst cheers Nvidia’s moat and margins — while also weighing in positively on Broadcom and Arm shares.

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