Dan Ives Says We're in the "3rd Inning" of the AI Revolution. Is Nvidia Stock Still a Buy After the Pullback?
Buying Nvidia on the dip in the past has always paid off. It could do so again.
Overview
Nvidia (NASDAQ: NVDA) isn't flying as high as it once was. The GPU stock remains below its peak set in early May. Nvidia briefly lost its position as the world's largest company by market cap to Apple (NASDAQ: AAPL), but regained the top spot.
Is Nvidia's stock still a buy after its latest pullback? If you believe Dan Ives, partner and senior managing director at merchant bank Yorkville Ives, the answer is a resounding "yes."
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.