"Nvidia's Soaring Stock: A Look at Its Future Potential"
TL;DR Summary
Nvidia's stock has surged over 200% in the last year, hitting new highs and currently trading at around $595 a share. With the company's Q4 earnings report expected to show significant growth, including a projected 410% increase in earnings per share and a 232% rise in sales, investors are eyeing the stock's potential. As a leader in AI technology, Nvidia's stock is currently rated as a "Strong Buy" with an average price target of $649.11, suggesting a 13% upside.
Topics:business#artificial-intelligence#earnings#financestock-market#nvidia#stock-market#zacks-investment-research
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- NVIDIA Hits New Records – Is It Still a Buy? InvestorPlace
- How computer chip maker Nvidia became the poster child for earning billions in the AI age New York Post
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