Nvidia Stock Before Earnings: Sell, Hold, or Buy?
Nvidia (NASDAQ: NVDA) is set to release its fiscal 2022 fourth-quarter results (year ended Jan. 31) after the market closes on Feb. 16, and investors will be looking for a solid showing that could help shares of the tech giant regain its mojo after a terrible start to 2022.
Nvidia stock is down 19% so far this year due to a variety of factors ranging from the broader sell-off in tech stocks on account of a hawkish Federal Reserve, surging inflation, and the collapse of the Arm Limited deal that cost the chipmaker $1.3 billion. So, should investors sell Nvidia stock heading into its earnings report on account of the multiple headwinds it is facing right now? Let's find out.
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Source Fool.com
