Reported 5 months ago
Nvidia recently announced a 10-for-1 stock split along with beating Wall Street expectations in its first quarter results. Analyst John Vinh from KeyBanc Capital Markets believes that while the stock split may not have a significant impact, Nvidia remains a buy as it has a favorable risk-reward profile and is trading attractively in terms of valuation. The company is expected to continue its success with upcoming product launches and revenue drivers, despite potential supply constraints.
Source: YAHOO