Will Nvidia Soar After May 28? History Offers a Decidedly Clear Answer.
In 2023 and 2024, Nvidia (NASDAQ: NVDA) pretty much equaled a ticket to an investment win. Over that time period, shares of the artificial intelligence (AI) chip giant skyrocketed, gaining more than 800%. This was thanks to the company's dominance in the high-growth market that supercharged earnings quarter after quarter. A bet on Nvidia was a bet on AI -- and investors were eager to get in on this technology that's often seen as the next big thing.
But Nvidia hasn't been such a sure thing for investors this year. Like many other stocks, particularly growth players, it's tumbled amid concern about the potential impact of President Trump's import tariffs on the economy -- and eventually corporate earnings. Nvidia shares have rebounded from lows, but they're still down about 1% for the year.
This week, though, Nvidia is heading toward a moment that could offer the stock direction. I'm talking about the company's fiscal 2026 first-quarter earnings report. Will Nvidia stock soar after May 28? History offers us a decidedly clear answer.
Source Fool.com
