🎁[Events] Nvidia stock rocketed by 25%, buy now or wait

TigerEvents
2023-05-25

$NVIDIA Corp(NVDA)$ stock surged over 25% on a double earnings beat and raised guidance. What expect next? Is now a good time to buy the dip or just wait?

Here’s how the company did versus Refinitiv consensus estimates for the quarter ended in April:

  • EPS: $1.09, adjusted, versus 92 cents expected

  • Revenue: $7.19 billion, versus $6.52 billion expected

Nvidia said it expected sales of about $11 billion, plus or minus 2%, in the current quarter, more than 50% higher than Wall Street estimates of $7.15 billion.

Is now a good time to buy the dip or just wait?

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⏰Event Time

25 May 2023- 1 June 2023

Is NVDA a good buy or goodbye after chip export curbs?
Due to export curbs on the A800 and H800 chips, Nvidia fell 8% in the past two days. ------------- How will the chip export curbs affect Nvidia's financials? Does Nvidia enter the buying zone? Have you bottomed Nvidia yesterday? At what price will you buy Nvidia?
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Comments

  • Globalrisk.fund
    2023-05-26
    Globalrisk.fund
    Not sure how high this will go, but might just buy into partner companies of Nvidia . Would not short.It could become expensive....
  • Cory2
    2023-05-26
    Cory2
    $NVIDIA Corp(NVDA)$ is a good strong tech company, one which I can’t see receeding in growth anytime soon. However I would be cautiously optimistic about buying now. DCA maybe? Like auto-invest here. I wouldn’t wait too long though 🙌
  • Fenger1188
    2023-05-25
    Fenger1188
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  • pekss
    2023-05-27
    pekss
    I will continue to hold my Nvidia shares which have been multibagger for me, as I believe in the company’s long-term growth prospects!
  • Mrzorro
    2023-05-26
    Mrzorro
    I wont buy now, wait for the dip then buy! $NVIDIA Corp(NVDA)$ no doubt is a good company! I believe it will 🚀🚀🚀
  • Shyon
    2023-05-31
    Shyon
    I think it is a good time to monitor this stock or all those AI related one. The heat wave won't be over so fast and we still can collect these stocks during healthy pullback. I believe it is still a big bullish. A short term correction of 10-20% is nothing compared to the recent rally. @rL @koolgal @Universe宇宙 @GoodLife99 @Aqa @LMSunshine @melson
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