Prediction: Nvidia Stock Will Double in Under a Year
Nvidia has laid out the path for its stock to double over the next year.
Overview
Calling for a stock to double in under a year is a bold proclamation. Calling for the world's largest company to double in less than a year seems downright unrealistic. But that's exactly what I'm predicting Nvidia (NASDAQ: NVDA) will do, and I've got the math to back it up.
The reality is that Nvidia's stock is trading at a very low price. I think investors should pounce on it, as the market isn't ready to value Nvidia for what it's truly worth, and it will easily cross $10 trillion in market cap.
Image source: Nvidia.
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Originally published at www.fool.com.
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