|Day's range||104.15 - 104.35|
Artificial intelligence (AI), novel weight-loss medications, high-yield dividend stocks, and electric vehicles are powerful trend lines that ought to deliver market-beating returns for shareholders this month and beyond. Thanks to the advent of ChatGPT, AI has quickly become a central theme among growth investors. Nvidia (NASDAQ: NVDA), a graphics, computing, and networking solutions company, could play a key role in this ongoing AI revolution.
The market has pleased many investors recently, steadily building momentum over the past several months. Or is Wall Street playing a trick on investors' hearts? Will Healy (Nvidia): At first glance, a call against Nvidia may seem counterintuitive.
Nvidia (NASDAQ: NVDA) has become a hot stock with investors who have sent its shares soaring 80% since the start of the year. Perhaps the company's long track record of stellar investment returns or its potential role in the growth of artificial intelligence has motivated buyers. Nvidia's operating numbers may struggle to support the share price over the coming quarters.