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4 Reasons to Buy Nvidia Stock Hand Over Fist After Its Latest Pullback

TheMotleyFool

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4 Reasons to Buy Nvidia Stock Hand Over Fist After Its Latest Pullback: https://g.foolcdn.com/editorial/images/789098/nvidia-headquarters-with-nvidia-sign-in-front.png

I was right about Nvidia (NASDAQ: NVDA). And I was wrong, too.

Earlier this week, I predicted the stock would soar after its fiscal 2025 second-quarter update on Aug. 28 for three key reasons: blowout numbers, stellar guidance, and clarity on its Blackwell platform launch. Nvidia indeed reported blowout Q2 numbers. It provided stellar guidance. The company also gave more information about when it would begin shipping Blackwell.

However, Nvidia's shares didn't soar despite all of this good news. Instead, the stock tumbled 6% lower the day after its Q2 update.

Source Fool.com

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