Is Nvidia Stock a Buy Now?
Nvidia (NASDAQ: NVDA) is one of the most widely followed stocks today, and it's easy to see why. Its lead in the artificial intelligence (AI) accelerator market supercharged its revenue growth and made it the largest semiconductor stock, as measured by market cap, next to .
Unfortunately for investors who want to buy Nvidia shares, its success has made determining whether it is a buy now a more difficult problem. Do its technical lead and continuous improvement make it a no-brainer buy, or has its valuation made it too expensive to touch at current levels?
As most tech investors know, the company's AI accelerators and the revenue gains caused most of the growth in the stock price. With that, the data center segment that designs AI chips went from the company's second-largest revenue source to producing 88% of company revenue in just three years.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 108 Buy predictions and 12 Sell predictions.
As a result the target price of 234 € shows a slightly positive potential of 1.06% compared to the current price of 231.55 € for Apple Inc..
