NVDA IS IN EXCELLENT / OUTSTANDING ....IT'S A SCREAMING BUY ON THIS TIME DIP....
Mark May 25, 2022, As Nvidia Stock’s Turning Point
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Chris Lau
Sat, June 4, 2022, 3:00 AM
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At first, markets reacted poorly to Nvidia’s (NASDAQ:NVDA) stock’s first-quarter report in after-hours trade. On May 25, 2022, NVDA stock lost almost 10%. When markets opened the next day, investors renewed their upbeat view of the graphics card chip supplier.
Investors should count on the company’s strong performance in the last quarter despite the macroeconomic headwinds. It outperformed the industry.
As stock markets, especially the tech sector, punish the weakest players, NVDA stock will stand out well from here.
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NVDA
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"Momentum From Strong First-Quarter Revenue
In the first quarter, Nvidia posted revenue growing by 46% year-over-year to $8.29 billion. The board of directors signaled their confidence in the business by increasing and extending its stock buyback program. These are unprofitable firms that enrich executives with stock-based compensation. Nvidia will buy back up to $15 billion in shares through December 2023."$NVIDIA Corp(NVDA)$
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