Going Long Nvidia Still Makes Sense: Here’s Why Hosted by MarketBeat StaffMarch 20, 2024 ShareLink copied to clipboard. Play video for Going Long Nvidia Still Makes Sense: Here’s WhyDetailsGuestsGoing long NVIDIA NASDAQ: NVDA stock still makes sense because the multi-trillion dollar AI opportunity has yet to play out, and Nvidia is the dominating source. Its chipsets, GPUs, and accelerators are only the tip of an iceberg that includes a full stack of services. Nvidia has evolved from a mere chipmaker into a technology powerhouse that will drive change over the next decade. To put this opportunity into perspective, the AI market is expected to grow by 9X over the next six years to nearly $2 trillion. Because Nvidia already commands about 80% of the market, is advancing technology today, and is raising prices, it should continue to grow and outperform expectations for the foreseeable future.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9563 of 5 stars$134.25-2.2%0.03%52.83 Add This Stock to My Watchlist 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. 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Hosted by MarketBeat StaffMarch 20, 2024 ShareLink copied to clipboard. Play video for Going Long Nvidia Still Makes Sense: Here’s WhyDetailsGuestsGoing long NVIDIA NASDAQ: NVDA stock still makes sense because the multi-trillion dollar AI opportunity has yet to play out, and Nvidia is the dominating source. Its chipsets, GPUs, and accelerators are only the tip of an iceberg that includes a full stack of services. Nvidia has evolved from a mere chipmaker into a technology powerhouse that will drive change over the next decade. To put this opportunity into perspective, the AI market is expected to grow by 9X over the next six years to nearly $2 trillion. Because Nvidia already commands about 80% of the market, is advancing technology today, and is raising prices, it should continue to grow and outperform expectations for the foreseeable future.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9563 of 5 stars$134.25-2.2%0.03%52.83 Add This Stock to My Watchlist 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 MarketBeatThis Crypto Is Set to Explode in DecemberIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored7 Attractive Dividend Stocks Under $50As we head into the home stretch of 2024, the playbook for growth investors is the same as one year ago. You'r...MarketBeatWARNING: “Buffett Indicator” flashing for first time in 50 yearsWarren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indi...Behind the Markets | Sponsored7 Stocks That Hold Appeal for Aggressive InvestorsIn times of market volatility, many investors sell stocks as part of a flight to safety. There's logic to this...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 | Sponsored7 Technology Stocks That Analysts Love The MostThere are more than 1,100 technology companies traded on public markets in the United States. Many of these co...MarketBeat
