Nvidia's stock is quietly gaining steam — it's on its longest winning streak since 2023

Nvidia shares are trading meaningfully below their 52-week high, and an analyst says the stock could see sustained gains if the AI trade re-accelerates. The view ties potential upside to renewed AI-focused investor demand rather than new company-specific catalysts, so near-term movement likely depends on broader AI sentiment rather than firm fundamentals.

Analysis

Nvidia shares are trading meaningfully below their 52-week high, and an analyst says the stock could see sustained gains if the AI trade re-accelerates. The view ties potential upside to renewed AI-focused investor demand rather than new company-specific catalysts, so near-term movement likely depends on broader AI sentiment rather than firm fundamentals.