Nvidia Stock: Buy, Sell, or Hold?
One of the hottest stocks of 2024 is Nvidia (NASDAQ: NVDA), trading up more than 185% this year, as of this writing. That stock price performance has helped catapult it to become one of the largest companies in the world (as measured by market cap).
But investing tends to focus more on the future so, while the semiconductor company and its shareholders are enjoying this great success, the question on many investors' minds right now is whether the stock is a buy, sell, or hold moving forward. Let's take a look at each case to help decide.
The sell case for Nvidia largely revolves around future demand for its graphic processing units (GPUs). While the company reports robust demand for its artificial intelligence (AI) chips, the big question is how long will this outsized demand last.
Source Fool.com
