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Prediction: Nvidia Stock Will Skyrocket After May 20

TheMotleyFool

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Prediction: Nvidia Stock Will Skyrocket After May 20Photo, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png

Nvidia (NASDAQ: NVDA) stock has been enjoying a solid few weeks after being relatively dormant for about six months. However, I think there's a catalyst on the horizon that could send it skyrocketing. On May 20, the company will announce its fiscal 2027 first-quarter results. These reports have become a spectator event for shareholders and non-shareholders alike.

The leading GPU designer is one of my highest-conviction stocks, and I think it will deliver results that blow away expectations.

Image source: Getty Images.

Source Fool.com

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