Should You Buy Nvidia Stock Now or Wait for a Dip?
Shares of Nvidia (NASDAQ: NVDA) have been fairly volatile this year. Trade-related concerns weighed down the stock a few months ago but those issues appear to be in the rearview mirror with the stock back to around its all-time highs. The company's cutting-edge artificial intelligence (AI) chips are crucial for many tech businesses deploying next-gen technologies and pursuing AI projects, and that has made it one of the best growth stocks to own in recent years.But with question marks still looming about what lies ahead for the global economy, is Nvidia's stock still a good buy at its current levels, or are you better off waiting for a drop in price before adding it to your portfolio?Image source: Getty Images.Continue reading
Shares of Nvidia (NASDAQ: NVDA) have been fairly volatile this year. Trade-related concerns weighed down the stock a few months ago but those issues appear to be in the rearview mirror with the stock back to around its all-time highs. The company's cutting-edge artificial intelligence (AI) chips are crucial for many tech businesses deploying next-gen technologies and pursuing AI projects, and that has made it one of the best growth stocks to own in recent years.
But with question marks still looming about what lies ahead for the global economy, is Nvidia's stock still a good buy at its current levels, or are you better off waiting for a drop in price before adding it to your portfolio?
Image source: Getty Images.
