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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.

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.

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.

MarketWatch · 14h

NVIDIA Corp. stock rises Thursday, outperforms market

Shares of NVIDIA Corp. NVDA rallied 3.97% to $117.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.70% to 5,713.64 and the Dow Jones Industrial Average DJIA rising 1.26% to 42,025.19. The stock's rise snapped a four-day losing streak.

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.

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

The Motley Fool · 23h

CEO Jensen Huang Keeps Dumping Nvidia Stock. Should You Be Worried?

Nvidia CEO Jensen Huang is trimming his stake in the company. He's selling shares through a 10b5-1 plan, meaning the sales are pre-determined. Huang still owns more than $100 billion worth of Nvidia stock.

1hon MSN

Nvidia Stock Slips. It’s Still Riding Huge Gains.

The chip maker's shares have tended to pop after the Federal Reserve cuts interest rates, judging by data stretching back to ...

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 ...

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 ...

Finbold | Finance in Bold22h

Major investment firm initiates coverage on Nvidia stock

Amid a recent lackluster performance of Nvidia (NASDAQ: NVDA) stock following its earlier stellar advances, financial ...

Could Nvidia Stock Help You Become a Millionaire?

If you had invested $5,000 in Nvidia (NASDAQ: NVDA) 10 years ago, your investment would be worth more than $1.24 million ...

22h

A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Semiconductor Stock to Buy Hand Over Fist Right Now (Hint: It's Not Nvidia)

A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Semiconductor Stock to Buy Hand Over Fist Right Now ...

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