Wall Street Remains Optimistic on Nvidia Before Q2 Earnings

Reported about 2 months ago

Ahead of Nvidia's second quarter earnings announcement on August 28, 2024, 66 Wall Street analysts maintain a Buy rating for the company. Despite concerns over delayed shipments of the Blackwell chip, Nvidia continues to show strong performance, surpassing the S&P 500 index. Yahoo Finance host Madison Mills discusses Wall Street's perspectives on Nvidia's valuations and earnings expectations, emphasizing the stock's recovery following a technology sell-off in early August.

Source: YAHOO

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