Analyst: NVIDIA (NVDA) Will Rally Again, Current Pullback Is a ‘Chance to Get In’

Insider Monkey12-24 20:27

We recently published a list of Top 10 AI Stocks to Watch Right Now. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other top AI stocks to watch ...

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In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other top AI stocks to watch ...</p>\n\n<a href=\"https://finance.yahoo.com/news/analyst-nvidia-nvda-rally-again-122753853.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_MNQ","symbol_name":"微型NQ100指数","start_time":0,"source_url":"https://finance.yahoo.com/news/analyst-nvidia-nvda-rally-again-122753853.html","article_id":"2493085532","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/iBZZe4dphMvD8Yv.zr8kPA--~B/aD03Njg7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/baea305836b8f05445b2fc30dd391899"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493085532","pubTimestamp":1735043273,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of Top 10 AI Stocks to Watch Right Now. In this article, we are going to take a look at where NVIDIA Corporation  stands against other top AI stocks to watch right now.Tom Hancock, GMO U.S. quality ETF portfolio manager, said in a latest program on CNBC that the NASDAQ has become “risky” bet amid a lot of volatility.“It’s become not really an index; it’s become a single bet. So it it’s a very risky thing to invest in. It’s not what I think you would want from a sort of diversified investor. It’s probably going to give you more volatile returns next year, and I’d a little bit worry that the AI rally has extended itself. So uh those may be uncomfortably volatile returns.”Hancock believes AI gains are now set to broaden out to smaller companies that have not received a lot of attention so far.Simply beating earnings estimates is not enough for NVIDIA Corporation  anymore, and the impact of high expectations will continue to weigh on the stock as growth cools.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MACW.SI":"APPLE 3xLongSG261006","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","AAPL":"苹果","TQQQ":"纳指三倍做多ETF","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","NVDA":"英伟达","NVDS":"Tradr 1.5X Short NVDA Daily ETF","USJW.SI":"ALPHAB 3xLongSG261006","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","NVIW.SI":"NVDA 3xLongSG261006","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","NVDU":"Direxion Daily NVDA Bull 2X Shares","TSM":"台积电","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","NVD2.UK":"2X NVIDIA ETP","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","SNVD.UK":"LS -1X NVIDIA","2NVD.UK":"2X NVIDIA ETP","NVD3.UK":"LS 3X NVIDIA","USAW.SI":"AMZN 3xLongSG261006","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","NVDS.UK":"LS -1X NVIDIA","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","LU0302445910.USD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","03145":"华夏亚洲高息股","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) INC","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","TSYW.SI":"TESLA 3xLongSG261006","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0444971666.USD":"天利全球科技基金","3NVD.UK":"LS 3X NVIDIA","NVD":"GraniteShares 2x Short NVDA Daily ETF","QID":"纳指两倍做空ETF","NVDD":"Direxion Daily NVDA Bear 1X Shares","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","AMZN":"亚马逊","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD"},"translate_title":"分析师：英伟达（NVDA）将再次反弹，当前回调是“入场机会”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"AMZN":1,"TSM":1,"NVDA":1,".IXIC":0.9,"NVIW.SI":0.6,"MACW.SI":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SNVD.UK":0.6,"SQQQ":0.6,"TQQQ":0.6,"TSYW.SI":0.6,"USAW.SI":0.6,"USJW.SI":0.6,"03145":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"We recently published a list of Top 10 AI Stocks to Watch Right Now. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other top AI stocks to watch right now.\nTom Hancock, GMO U.S. quality ETF portfolio manager, said in a latest program on CNBC that the NASDAQ has become “risky” bet amid a lot of volatility.\n\n“It’s become not really an index; it’s become a single bet. So it it’s a very risky thing to invest in. It’s not what I think you would want from a sort of diversified investor. It’s probably going to give you more volatile returns next year, and I’d a little bit worry that the AI rally has extended itself. So uh those may be uncomfortably volatile returns.”\n\nHancock said investors should also pay attention to some of the “old economy” stocks. He thinks AI stocks have become a “hype trade” and any “hiccup” in the economy could result in these stocks crashing. He also urged investors to look for stocks outside the US.\nHancock believes AI gains are now set to broaden out to smaller companies that have not received a lot of attention so far.\nREAD ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In\nFor this article we picked 10 AI stocks currently trending based on latest news. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n\nNVIDIA Corporation (NASDAQ:NVDA)\nNumber of Hedge Fund Investors: 193\nNancy Tengler from Laffer Tengler Investments said while talking to Schwab Network in a latest program that the latest pullback in NVIDIA Corporation (NASDAQ:NVDA) is a good chance to pile into the stock as she believes it will rally again:\n\n“If you look at Nvidia’s backlog, uh if you just kind of pay attention to the anecdote like the one that Larry Ellison uh shared where he and Elon were at dinner with with Jen and just kept saying, please take more of our money, um I think if you pay attention to who’s spending and how much they’re spending that the stock will rally again.”\n\nThe analyst said she is adding to her NVIDIA Corp (NASDAQ:NVDA) position on the latest pullback:\n\n“There’s plenty of room I think you know recalibration is never a bad thing and it gives some you know those who aren’t in the stock a chance to get in and those of us who own it we just actually added to our position uh I think it was last week or the week before.”\n\nSimply beating earnings estimates is not enough for NVIDIA Corporation (NASDAQ:NVDA) anymore, and the impact of high expectations will continue to weigh on the stock as growth cools.\nNvidia’s forward P/E ratio for the fiscal year ending January 2026 is around 31. An EPS surprise of 8.5% was not able to help the stock. A similar trend occurred following the second-quarter earnings after a 5.6% EPS surprise. It’s difficult to see Nvidia maintaining a mid-70s gross margin by the end of 2026. Over the last two quarters, Nvidia has already reported a drop in its gross margin from 78% to 74.5%.\nThen there’s competition. Amazon (AMZN) recently disclosed its Trainium 3 chip, which is set to be released by the end of 2025. The chip is expected to be twice as fast with 40% more power efficiency than the previous generation, manufactured on TSMC’s (TSM) cutting-edge N3 technology. Reportedly, technology giant Apple (AAPL) will be a consumer of Amazon’s new silicon.\nManole Capital Management stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q3 2024 investor letter:\n\n“As of this publication, Nvidia is up roughly 150% year-to-date. NVIDIA Corporation (NASDAQ:NVDA) was the largest gainer in the S&P 500 last year and has more than tripled in value over the last year. It hit an eye-opening market capitalization of $3 trillion in June, less than four months after it eclipsed the $2 trillion mark. Enthusiasm for everything AI-related, especially for the primary chip maker whose products are essential to powering AI technology, continues to fuel the market. Last quarter, and for the fifth consecutive quarter, Nvidia reported sales and profits that blew past Wall Street expectations. The stock rose +37% in the second quarter alone.”\n\nOverall, NVDA ranks 3rd on our list of top AI stocks to watch right now. While we acknowledge the potential of NVDA, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493085532"}