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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!

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.

Zacks.com on MSN · 17h

NVIDIA & 2 Other AI Stocks to Gain From Lower Interest Rates

On Wednesday, the Federal Reserve trimmed interest rates aggressively and penciled in further rate cuts by the end of the year. It slashed the benchmark interest rate by a half-point to 4.75-5% for the first time since March 2020.

Nvidia, Artificial intelligence

The Motley Fool · 3h

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.

AOL · 21h

Nvidia Stock Has 41% Upside, According to 1 Wall Street Analyst

In doing so, Nvidia has reached a nosebleed valuation and now trades at 40 times forward earnings. Investors believe that Nvidia's stock doesn't have a ceiling right now, considering the potential of AI to disrupt life as we know it.

Jensen Huang, Nvidia

AOL · 2d

Nvidia's CEO Sold Over $700 Million in Stock. Should You Follow Suit?

Nvidia (NASDAQ: NVDA) CEO and founder Jensen Huang has been consistently selling some of his shares for months now. Even though Nvidia achieved several highs in the past few months, he kept selling, which may lead some people to believe that because Nvidia's insiders are selling, they know the business is at the top.

Nasdaq · 6d

The CEO of Nvidia Just Sold $78 Million Worth of His Company's Stock. Here's What Investors Need to Know.

It might interest investors, then, that Nvidia's CEO, Jensen Huang, has been selling some of his Nvidia holdings. In the last month alone, Huang sold 720,000 shares totaling about $78 million.

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.

NVIDIA Corp (NVDA): Best Forever Stock To Buy Now

We recently compiled a list of the 12 Best Forever Stocks To Buy Now. In this article, we are going to take a look at where ...

16hon MSN

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 ...

20h

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 ...

17hon 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 ...

10d

Could Nvidia Stock Double in the Next Year?

If it continues that growth trajectory, Nvidia will reach the mark around fiscal 2029, which is about four and a half years away. While that's not a double in a year, that performance would still beat ...

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 ...

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.

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