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Nvidia Set For Another 100% Rally Before Year-End, Says Fund Manager: 'They've Got 80 Yards Of A Clear Turf...Nobody's Catching Up To Them'

Benzinga ·  Jun 26 04:39

Nvidia Corp.(NASDAQ:NVDA) roared back up strongly on Tuesday after a three-session sell-off that took it to as low as $118.04 and a fund manager said the stock trajectory will likely be up and onward.

Huge Rally Ahead?Nvidia is going to rise to $250 per share, with its market cap hitting $6 trillion, by the end of the year, said EMJ Capital founderEric Jacksonin an interview with CNBC. The stock ended Tuesday's session up 6.76% at $126.09, according to Benzinga Pro data, giving it a valuation of $3.10 trillion.

Here's why EMJ Capital's @ericjackson predicts $NVDA will...

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