History Says Now Is the Time to Buy Nvidia Stock
History doesn't normally repeat itself, but it often rhymes. So investors can take what has happened in the past as an indicator of what might happen in the future.With that in mind, a pattern seems to be developing with Nvidia (NASDAQ: NVDA) stock: It has made large price gains in May in each of the past two years, and the way the stock is set up right now is reminiscent of how it looked before both of those jumps. That could be a sign for investors to buy it now.Image source: Getty Images.Continue reading
History doesn't normally repeat itself, but it often rhymes. So investors can take what has happened in the past as an indicator of what might happen in the future.
With that in mind, a pattern seems to be developing with Nvidia (NASDAQ: NVDA) stock: It has made large price gains in May in each of the past two years, and the way the stock is set up right now is reminiscent of how it looked before both of those jumps. That could be a sign for investors to buy it now.
Image source: Getty Images.
