2 Reasons to Buy Nvidia and 1 Reason to Sell

Nvidia (NASDAQ: NVDA) investors are having a rough 2022 as the once-high-flying chipmaker has shed more than 42% of its stock value so far despite maintaining its impressive growth streak this year.

That's not surprising as the mood in the stock market is gloomy in general because of multiple factors such as surging inflation and fears of a recession. Additionally, Nvidia's warning that its sales are about to take a big hit this quarter from macroeconomic headwinds is worrying investors.

But then, there's still a lot to like about Nvidia despite its woeful stock market performance in 2022. The company serves fast-growing markets such as data centers, gaming, and automotive with its chips. What's more, it occupies a dominant position in those markets. However, those headwinds cannot be ignored, either.

Source Fool.com