$NVIDIA Corp(NVDA)$ 28-May-24

$NVIDIA Corp(NVDA)$ 28-May-24 - this stock price, for the first time this year notched up over 1108.2 (110.82) - this is comparable to today's price. This happened after May 22nd ER, when the stock price jumped from 949.5 to 1040. So, Although NVDA is not behaving like a Las Vegas slot machine ( I know many were hoping that), it is still a good stock to hold on to - especially, with a ER coming up and a very real chance of a interest rate cut in September.

If past few months have any indication, this one may jump another 10$ just after the upcoming ER - and with an interest cut, it may notch up a few more $ by beginning of September. Finally, if there is any buy back, then this one may go up to $130 by the end of the year.

This is, in mind opinion, a very conservative estimate.

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