AI Powerhouse NVIDIA Will Hit $1000 Soon Hosted by MarketBeat StaffFebruary 22, 2024 ShareLink copied to clipboard. Play video for AI Powerhouse NVIDIA Will Hit $1000 SoonDetailsGuestsTraders and investors fearing an NVIDIA NASDAQ: NVDA-led market correction can put those fears to rest. The company’s Q4 results reveal that the AI market is still strong, stronger than expected and accelerating. The results can be described as nothing but a blowout on top of four quarters of mind-bending results and improved guidance. The takeaway is that price action surged 15% on the news, broke out of a consolidation, and set a new high. The technical outlook alone suggests a move to $1000 is coming, and the analysts are on board.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9495 of 5 stars$138.25+2.2%0.03%54.41 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored7 Defense Stocks That Don’t Need the Election to Move HigherThe defense sector is a good place for investors who are looking for both growth and value. While it's not one...MarketBeatMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored10 Best Small Cap Stocks to Buy NowLet's talk about small cap stocks. It's common knowledge that tilting your stock portfolio toward smaller-capi...MarketBeatYour bank is lying to you.You might think you have your money in a high-yield savings account, but do you really? The national average A...MyBankTracker | SponsoredThe Top-Rated Dividend Stocks for 2023MarketBeat tracks approximately 250,000 analyst recommendations each year and tracks more than 15,000 securiti...MarketBeat NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?NVIDIA's Q3 earnings exceeded expectations with 95% revenue growth and 111% EPS growth. Could $200+ be the next target for NVIDIA stock in 2025?Related Videos'Best Report in 2 Years': NVIDIA Earnings Crushes Expectations AgainHow to Profit from NVIDIA’s Earnings: Short-Term Trading GuideNVIDIA Nears All-Time Highs: How High Can This AI Leader Climb? 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Hosted by MarketBeat StaffFebruary 22, 2024 ShareLink copied to clipboard. Play video for AI Powerhouse NVIDIA Will Hit $1000 SoonDetailsGuestsTraders and investors fearing an NVIDIA NASDAQ: NVDA-led market correction can put those fears to rest. The company’s Q4 results reveal that the AI market is still strong, stronger than expected and accelerating. The results can be described as nothing but a blowout on top of four quarters of mind-bending results and improved guidance. The takeaway is that price action surged 15% on the news, broke out of a consolidation, and set a new high. The technical outlook alone suggests a move to $1000 is coming, and the analysts are on board.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9495 of 5 stars$138.25+2.2%0.03%54.41 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored7 Defense Stocks That Don’t Need the Election to Move HigherThe defense sector is a good place for investors who are looking for both growth and value. While it's not one...MarketBeatMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored10 Best Small Cap Stocks to Buy NowLet's talk about small cap stocks. It's common knowledge that tilting your stock portfolio toward smaller-capi...MarketBeatYour bank is lying to you.You might think you have your money in a high-yield savings account, but do you really? The national average A...MyBankTracker | SponsoredThe Top-Rated Dividend Stocks for 2023MarketBeat tracks approximately 250,000 analyst recommendations each year and tracks more than 15,000 securiti...MarketBeat
