Buy the Dip In NVIDIA, Be Prepared for Volatility Hosted by MarketBeat StaffAugust 29, 2024 ShareLink copied to clipboard. Play video for Buy the Dip In NVIDIA, Be Prepared for VolatilityDetailsGuestsThe market is reacting strongly after NVIDIA's latest earnings report, which revealed a 122% year-over-year revenue increase. Despite these impressive results, NVIDIA's stock dipped post-market as investors reassessed future growth potential and current valuations. MarketBeat analysts Chris Markoch and Thomas Hughes discuss why the market responded this way, the impact of new technology developments on NVIDIA’s outlook, and whether the stock is still a buy. They also explore how macroeconomic factors, like potential rate cuts, could influence the broader market in the coming months.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.8015 of 5 stars$140.15-1.3%0.03%65.74 Add This Stock to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.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.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. 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This is an index that tracks the performance...MarketBeat How to Profit from NVIDIA’s Earnings: Short-Term Trading GuideWith earnings next week, we break down the critical levels to watch, potential entry points for traders, and the long-term growth prospects for NVIDIA stockRelated VideosNVIDIA Nears All-Time Highs: How High Can This AI Leader Climb?What the Bulls and Bears Are Saying About NVIDIA StockNvidia Tops Congressional Buy List Featured Articles and OffersSoundHound AI Will Advance By Triple Digits in 2025: Here’s WhyNovember 13, 2024View SoundHound AI Will Advance By Triple Digits in 2025: Here’s WhyBlackrock’s Sending THIS Crypto Higher on PurposeFrom Crypto 101 Media(Ad)View Blackrock’s Sending THIS Crypto Higher on PurposeIs Monolithic Power Systems a Screaming Buy After Near 40% Drop?November 18, 2024View Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?Is Tesla's Valuation a Bubble or Backed by Real Growth?November 12, 2024View Is Tesla's Valuation a Bubble or Backed by Real Growth?The S&P 500 Can Gain 20% and Hit 7,400: Here’s HowNovember 12, 2024View The S&P 500 Can Gain 20% and Hit 7,400: Here’s HowMy favorite credit card just increased its sign-up bonusFrom Card Ratings(Ad)View My favorite credit card just increased its sign-up bonus Search Headlines Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. 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Hosted by MarketBeat StaffAugust 29, 2024 ShareLink copied to clipboard. Play video for Buy the Dip In NVIDIA, Be Prepared for VolatilityDetailsGuestsThe market is reacting strongly after NVIDIA's latest earnings report, which revealed a 122% year-over-year revenue increase. Despite these impressive results, NVIDIA's stock dipped post-market as investors reassessed future growth potential and current valuations. MarketBeat analysts Chris Markoch and Thomas Hughes discuss why the market responded this way, the impact of new technology developments on NVIDIA’s outlook, and whether the stock is still a buy. They also explore how macroeconomic factors, like potential rate cuts, could influence the broader market in the coming months.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.8015 of 5 stars$140.15-1.3%0.03%65.74 Add This Stock to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.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.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 MarketBeatBlackrock’s Sending THIS Crypto Higher on PurposeIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored7 Best Growth Stocks for the Next 10 YearsIf you're somewhat new to investing, the term “growth stocks" may be confusing. After all, don't you wan...MarketBeatMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | Sponsored15 Stocks That Insiders Won't Stop BuyingAn insider trade occurs when a corporate executive (such as a CEO, CFO or COO) that has non-public information...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 Sensational Small-Cap Stocks Set for Big GainsThe Russell 2000 Index is up more than 40% in the last 12 months. This is an index that tracks the performance...MarketBeat
