Should You Buy Nvidia Stock After Its Blowout Q4 Results?
Investors no longer have to speculate about how Nvidia (NASDAQ: NVDA) performed in the fourth quarter of 2024. Now we know. And the news was once again positive.Nvidia reported its Q4 results after the market closed on Wednesday. It should come as no shock that the GPU maker handily beat Wall Street estimates. But should you buy Nvidia stock after its blowout Q4 results?Nvidia reported Q4 revenue of $39.33 billion, up 78% year over year and 12% higher than revenue generated in the previous quarter. This result topped the company's previous guidance of $37.5 billion. It also exceeded the average estimate of $38.05 billion among analysts surveyed by LSEG. Continue reading
Investors no longer have to speculate about how Nvidia (NASDAQ: NVDA) performed in the fourth quarter of 2024. Now we know. And the news was once again positive.
Nvidia reported its Q4 results after the market closed on Wednesday. It should come as no shock that the GPU maker handily beat Wall Street estimates. But should you buy Nvidia stock after its blowout Q4 results?
Nvidia reported Q4 revenue of $39.33 billion, up 78% year over year and 12% higher than revenue generated in the previous quarter. This result topped the company's previous guidance of $37.5 billion. It also exceeded the average estimate of $38.05 billion among analysts surveyed by LSEG.
