Why Now Could Be the Best Time to Buy Nvidia in Over a Year
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on Wall Street over the past few years. Before the recent sell-off, it was up over 1,200% over the last five years and nearly 750% over the past three. But the stock has been hammered recently and has given up some of those returns.
Now, with shares down more than 25% from their high, investors might be worried about the company's future. The stock dropped after the companies most recent earnings call despite reporting great numbers and strong guidance. With industry tailwinds at its back, is now the time to purchase the stock?
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Source Fool.com
