Yes. Here are the reasons why:

Recent Stock Split

It's important to consider the recent 10-for-1 stock split. The $120 price point reflects the post-split price. Pre-split, the price would have been much higher. This lower price can make it more attractive to a wider range of investors.

Strong Company Performance

Nvidia is a leader in the GPU market and has a strong track record of innovation. They are a major player in artificial intelligence and data centers, which are growing markets.

Long-Term Growth Potential

The demand for GPUs is expected to continue to grow in the coming years, which could benefit Nvidia's stock price.

Overall, buying NVDA at $120 could be a good investment for long-term investors who believe in the company's future.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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