Nvidia Fears? Ignore the Naysayers and Buy NVDA Stock.
AI-related growth prospects continue to propel Nvidia’s stock to new highs. The market is bullish on NVDA, but some analysts are concerned about a potential reversal. In their minds, while much of NVDA’s strong run has been justified, investors have gone overboard.
The stock is almost certain to undergo a sharp price correction. Given the volatility of growth stocks, including “Magnificent Seven” stocks like this one, I agree that a price correction is well-within the realm of possibility. That doesn’t mean you need to exit, if you currently own NVDA. It also doesn’t mean potential buyers need to steer clear.$NVIDIA (NVDA.US)$$Advanced Micro Devices (AMD.US)$$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
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