To be fair, Nvidia has been undervalued for a long time. Waiting for 25 Feb results to be the catalyst for a strong rally!
Can Nvidia's Stock Approach $400? Here's Why Earnings May Mark the Start of a Big Rally
Here's why earnings may mark the start of a big rally.Nvidia shares have gone nowhere this year, but a Cantor Fitzgerald analyst sees next Wednesday's earnings report as the first of a few notable catalysts. Nvidia, led by CEO Jensen Huang, will report fourth-quarter earnings results on Feb. 25.An analyst is urging Nvidia investors to "stay calm" ahead of some events that could reignite the stock, which has been starved for momentum this year.Nvidia is just at the start "of a rack-scale super cycle," Cantor Fitzgerald analyst C.J. Muse wrote in a note to clients, referring to the ongoing ramp of its Blackwell artificial-intelligence chips and associated rack systems, as well as the upcoming Rubin family that is expected in the latter half of this year.But well before that, Nvidia is due to report quarterly earnings next Wednesday, and Muse expects to hear then that Rubin is on track for its ramp.Following the report, Muse expects Nvidia's leadership in the chip market to get a
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