NVDA’s Earnings Runway: How Nvidia Stock’s Long-Term Growth Story Makes it a Screaming Buy
Nvidia stock investors won't be wondering "what's next" for long
Investors are growing increasingly worried about “what’s next” for big winners in the space like Nvidia (NVDA).
However, recent developments strongly suggest that this early-mover in the space keeps charging ahead.
Buy Nvidia stock before the pullback turns into a bounce back.
There’s no getting around it. Top AI stocks like Nvidia (NASDAQ:NVDA) have lost momentum. However, the market’s sudden worrying about “what’s next” for big AI winners like Nvidia stock may end up being an advantageous turn of events, for investors entering or adding to positions right now.
Even as a growing number of market participants have been thinking that this AI chip designer’s shares have finally topped out, that may prove to ultimately not be the case. In fact, the next big run-up for shares could be just around the corner.
The market may think “what’s next,” but this early-mover in this fast-growing segment of tech continues to charge ahead, with efforts to level up on its success thus far. With this, while the weakness still lasts, you may want to seize the opportunity, as we’ll explain below.
Nvidia Stock: On the Verge of a Pre-Earnings Rebound?
As recently discussed, two key factors have weighed on shares over the past few weeks. First, there has been increased concern about a slowdown in demand for AI chips. Second, as rival semiconductor companies ramp up their efforts to capitalize on the generative artificial intelligence trend.
There have also been concerns that this too will negatively affect Nvidia’s growth going forward. In the same article, we argued these worries could prove overblown, once the company next releases earnings on May 22. However, considering more recent developments, a rebound for Nvidia stock could arrive far sooner.
