Why NVIDIA Is More of a Screaming Buy Than Ever
NVDANvidia(NVDA) MarketBeat·2024-09-05 21:52

Few investors at the start of the year would have expected NVIDIA Corporation NASDAQ: NVDA to be “trading in bear territory” by the end of the summer. But that’s exactly what Goldman Sachs called it yesterday, as the tech titan continued to struggle for upward momentum after last week’s earnings report. Indeed, a 10% drop in NVIDIA shares this past Tuesday caused what’s been called the largest single-day market cap loss in history. The stock is now down close to 20% from its pre-earnings high and 25% from J ...