Reported 3 days ago
Nvidia's stock has seen a significant decline of 12% year-to-date, contrasting with its impressive 171% gain in 2024, as investors shift focus from high-cap stocks to perceived better values in international markets. Analyst Vivek Arya notes that despite positive fundamentals and strong profitability, sentiment is adjusting amid changing policies in the U.S. Following a successful product event revealing future AI advancements, analysts remain optimistic about Nvidia's potential, maintaining a buy rating with a target price suggesting considerable upside.
Source: YAHOO