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Nvidia Stock Has More Than 60% Upside According to Analysts' Average Price Target. Should You Buy While the AI Trade Wobbles?

Source: fool.com

Artificial IntelligenceCompany FundamentalsInvestor Sentiment & Positioning
Nvidia Stock Has More Than 60% Upside According to Analysts' Average Price Target. Should You Buy While the AI Trade Wobbles?

Nvidia shares have fallen 13% over the past month as investors question AI spending. However, the company’s customers are reporting strong sales growth as they ramp up that spending, providing a counterpoint to concerns about AI demand.

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NVDA-0.20

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