NVIDIA Stock Near 52-Week High. How Are Things Looking for the Company?
NVIDIA (NASDAQ: NVDA) has been one of the hottest tech stocks on the market over the past year, rising nearly 200% thanks to terrific growth across its entire business. The chipmaker now trades at the higher end of its 52-week range, and it is likely that it could scale greater heights as the emerging tech trends that it is pursuing could substantially boost growth.
But at the same time, investors shouldn't forget that NVIDIA isn't the only one trying to make a living out of graphics chips, self-driving cars, or artificial intelligence. It has well-heeled rivals such as Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD), among others, who can rain on its parade.
So does this indicate that it might be a good time to start selling your NVIDIA stock, or should investors remain patient in anticipation of more gains? Is now a good time to buy more shares or open a position? Let's check.
Source: Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 26 Buy predictions and 15 Sell predictions.
With a target price of 38 € there is a hugely positive potential of 90.59% for Intel Corp. compared to the current price of 19.94 €.
