Why I'm Cautious on Nvidia Despite Analysts' Optimism

Reported 17 days ago

Wall Street analysts overwhelmingly support Nvidia, with many recommending it as a buy due to its leading position in the AI market. However, the author expresses caution, noting the potential risks from competitors and the high valuation ratios of Nvidia's stock. While they hold shares, they advise against buying more, suggesting that the stock may face a correction amidst increasing competition and market uncertainties.

Source: YAHOO

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