Nvidia Set For Another 100% Rally Before Year-End, Says Fund Manager: 'They've Got 80 Yards Of A Clear Turf
Benzinga • 601 days
Low Materiality0/10
Information
Nvidia Corp. NVDA roared back up strongly on Tuesday after a three-session sell-off that took it to ...
Original sourceAI Summary
- Nvidia stock rebounded strongly from recent sell-off, ending Tuesday at $126.09 - Fund manager predicts Nvidia will reach $250 per share and $6 trillion market cap by year-end - Expectations for Nvidia's performance in 2025 will drive stock rally - Nvidia's monopoly market position with big hyper-scalers provides strong growth potential - Fund manager believes Nvidia's current valuation is relatively cheap compared to historical levels Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Research Analysis
Market-Moving
- Nvidia stock rebounded strongly from recent sell-off, ending Tuesday at $126.09
- Fund manager predicts Nvidia will reach $250 per share and $6 trillion market cap by year-end
- Expectations for Nvidia's performance in 2025 will drive stock rally
Key Facts
- Nvidia stock rebounded strongly from recent sell-off, ending Tuesday at $126.09
- Fund manager predicts Nvidia will reach $250 per share and $6 trillion market cap by year-end
- Expectations for Nvidia's performance in 2025 will drive stock rally
- Nvidia's monopoly market position with big hyper-scalers provides strong growth potential
- Fund manager believes Nvidia's current valuation is relatively cheap compared to historical levels