2 Reasons to Buy Nvidia, and 2 Reasons to Sell
Artificial intelligence (AI) is widely considered to become the biggest paradigm shift of the next decade. Not surprisingly, it also emerged as a major investment theme.
While many companies with AI exposure have seen a surge in share prices, none of them grabbed as much public attention as Nvidia (NASDAQ: NVDA) has. With its robust hardware-software ecosystem, Nvidia already emerged as a dominant force in the still-nascent AI (and generative AI) market. Shares are already up by 190% so far this year, placing the company firmly in the $1 trillion market-capitalization category.
At least two compelling reasons remain to view Nvidia as a long-term buy even at the currently elevated share prices. But there are also two solid reasons you might want to sell the stock in July 2023. Let's assess.
Source Fool.com