I had made an additional investment in NVIDIA $NVIDIA Corp(NVDA)$ at $899.79 on May 8, 2024 as part of the strategic move given the company's strong performance and outlook. 1. Timing and Market Context: This investment comes at a time when NVIDIA's stock has seen significant growth over the past year due to its strong positioning in the AI market. The company's GPUs are essential for building and training generative AI models, a key driver of its recent success. 2. Upcoming Earnings Report: The company's Q1 Fiscal 2025 earnings report is due on May 22, which may influence the stock's performance in the near term. Analysts anticipate a significant rise in earnings, driven by a subst
Nvidia Roller Coaster: Buy on Dip or Sell on Rally?
Nvidia has been taking roller coaster ride since last Friday. After the rebound, Nvidia's issues have not been fully resolved. ---------------------------- Will you bottom semi stocks? What's your target price for Nvidia? Is the correction over? Will you buy on dips or sell on rallies?
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