Reported 12 months ago
Nvidia stock surged over 30 times in the past five years, but experienced an 8% pullback after a 10-for-1 stock split. Despite concerns about valuation and profit-taking, analysts raised price targets for Nvidia. The upcoming launch of the Blackwell GPU platform is expected to drive growth, making Nvidia a strong contender in the AI chip market. While income investors may seek better options due to a low dividend yield, aggressive growth investors should still consider Nvidia's potential for future growth.
Source: YAHOO