Samsonn
04-23

After a 10% plunge on Friday, the stock $NVDA has shown signs of a rebound in the past two trading days. Nvidia has been a strong performer with promising growth prospects, with consistent revenue growth opportunities. A market leader in GPU's, it is no doubt its GPU's are highly regarded for their efficiency and performance, making them a great and preferred choice among developers, gamers, and companies. 

In my opinion, it is difficult to predict the price changes in the stock in the short term due to stock price volatility, and uncertainty in the overall stock market. However, I believe that the price range for the stock will not exceed more than 10% of its intrinsic value as of today. I do not possess any NVDA stock, but I am closely monitoring this compamy and stock, as I look forward to owning and adding NVDA shares into my trading portfolio. 

After conducting online research, based on the analysis of 41 Wall Street analysts, the overall 12 month price target for NVDA stock given in the last 3 months is valued at $1004.92, with a high forecast of $1400 and a low forecast of $620. 39 out of the 41 analysts has given the stock a Buy rating, while the rest has indicated a Hold rating, with no Sell ratings. My personal target price for NVDA is ~$850-$1000 in the next few months, and possibly ~$1500-$2000 in the next few years. NVDA will be a stock that I will purchase and hold for the long term, unless the future outlook begins to look unpromising or unfavorable for the company to continue to excel and outweigh its competitors. Some factors that I will be looking out for in this company are their ability to keep up with the rapid growing demand for semiconductor chips and the steps taken to match or even outmatch competitors in the A.I market. 

Overall, NVDA's stock performance has been very positive over the years, indicating investor confidence in the company's future projects and outlook. Although the company faces stiff competition in the A.I market, its strong product offerings, technological advancements, and strategic partnerships help the company maintain its competitive edge. Hence, I am bullish on this stock in the long term, and I will seek opportunities to purchase and acquire this stock.

Modified in.04-25
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