Reported 1 day ago
Nvidia is hosting its 2024 AI Summit, a key event showcasing advancements in artificial intelligence, which raises the question for investors if now is a good time to buy its stock. Historically, Nvidia's stock has seen positive movement following previous AI events, with gains of up to 10% and 6.5% in the weeks after its 2022 and 2023 summits, respectively. However, while the company remains a frontrunner in the AI market, prospective investors should carefully consider their decision, particularly since Nvidia is not included in a recent list of top stock recommendations.
Source: YAHOO