Should You Buy the Dip in Nvidia Stock? (NVDA)
Nvidia stock is currently hovering around the $110 mark on Wednesday but is down nearly 20% year-to-date. NVDA entered 2025 trading at $138 and had also fallen to a low of $106 in March. The tech giant’s price is experiencing a slow crash as no investors made profits with it this year. If the downward trajectory continues, the leading stock could be at risk of plummeting below the psychological mark of $100.
Also Read: XRP ETF on Horizon? Grayscale’s Strategic SEC Filing
NVDA Stock: Best Time to Enter Nvidia?
Nvidia’s pivot towards the AI sector accelerated its stock performance from 2020 to 2024. However, the race to become the AI leader is crowded with too many tech giants throwing their hat in the ring. From Google’s Alphabet to Amazon and Meta, every multinational corporation is eyeing the top spot to capture the next-gen technology.
Also Read: Dogecoin: AI Predicts DOGE Price For April 5th 2025
Overall, Wall Street analysts are upbeat on Nvidia stocks’ performance giving a “strong buy” rating this year. Out of the 44 financial strategists from Barchart, 38 have recommended a ”strong buy” while two suggest “moderate-buy”. Four analysts have given a “hold” call while none of them advised traders to sell the stock.
The development indicates that now could be the best time to accumulate the dips on Nvidia stock. NVDA is available at a discounted price and could also be accumulated if it falls below the $100 price range. In addition, Barchart has also given a bullish price prediction for NVDA forecasting that it could rise double-digits next.
Also Read: Microsoft (MSFT): Why It May Be Best Magnificent Seven Stock in April
The firm forecasts that Nvidia stock has a high chances of surging to the $177 level next. That’s an uptick and return on investment (ROI) of approximately 60% from its current price of $110. The timeframe provided for the target is long-term and could take more than a year to reach the goal. Read here to know how high Tesla (TSLA) could surge next.
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Should You Buy the Dip in Nvidia Stock? (NVDA)
Nvidia stock is currently hovering around the $110 mark on Wednesday but is down nearly 20% year-to-date. NVDA entered 2025 trading at $138 and had also fallen to a low of $106 in March. The tech giant’s price is experiencing a slow crash as no investors made profits with it this year. If the downward trajectory continues, the leading stock could be at risk of plummeting below the psychological mark of $100.
Also Read: XRP ETF on Horizon? Grayscale’s Strategic SEC Filing
NVDA Stock: Best Time to Enter Nvidia?
Nvidia’s pivot towards the AI sector accelerated its stock performance from 2020 to 2024. However, the race to become the AI leader is crowded with too many tech giants throwing their hat in the ring. From Google’s Alphabet to Amazon and Meta, every multinational corporation is eyeing the top spot to capture the next-gen technology.
Also Read: Dogecoin: AI Predicts DOGE Price For April 5th 2025
Overall, Wall Street analysts are upbeat on Nvidia stocks’ performance giving a “strong buy” rating this year. Out of the 44 financial strategists from Barchart, 38 have recommended a ”strong buy” while two suggest “moderate-buy”. Four analysts have given a “hold” call while none of them advised traders to sell the stock.
The development indicates that now could be the best time to accumulate the dips on Nvidia stock. NVDA is available at a discounted price and could also be accumulated if it falls below the $100 price range. In addition, Barchart has also given a bullish price prediction for NVDA forecasting that it could rise double-digits next.
Also Read: Microsoft (MSFT): Why It May Be Best Magnificent Seven Stock in April
The firm forecasts that Nvidia stock has a high chances of surging to the $177 level next. That’s an uptick and return on investment (ROI) of approximately 60% from its current price of $110. The timeframe provided for the target is long-term and could take more than a year to reach the goal. Read here to know how high Tesla (TSLA) could surge next.
Read More
Nvidia vs. Alphabet: Why Halvorsen Is Betting Big on Google’s AI Future!