Nvidia Stock For 2023? Not So Fast. Hosted by MarketBeat StaffJanuary 18, 2023 ShareLink copied to clipboard. Play video for Nvidia Stock For 2023? Not So Fast.DetailsGuestsNVIDIA was once the hottest tech stock on the market, but now it’s just another down-and-out play with earnings in decline… or is it? The company is the leading manufacturer of graphics processing semiconductor products and is fundamental to the modern tech world. It’s facing some headwinds now, but they should turn into tailwinds by the 2nd half of 2023. The chart of NVIDIA is promising. The market is rebounding and heading up to a key resistance level that could trigger a full reversal. The risk is that earnings are due out in late February and could cap gains. The consensus estimates are falling, and there is risk the outlook for the 1st half of the year could be gloomy. In this video, we discuss what’s driving NVIDIA stock and where the price action is headed from here. If the market follows through on the signal that it is giving, this stock could gain double-digits by the end of the year.Read NVIDIA: AI and Gaming Lead The Way Forward Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9315 of 5 stars$137.71+3.1%0.03%54.20 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 StaffJanuary 18, 2023 ShareLink copied to clipboard. Play video for Nvidia Stock For 2023? Not So Fast.DetailsGuestsNVIDIA was once the hottest tech stock on the market, but now it’s just another down-and-out play with earnings in decline… or is it? The company is the leading manufacturer of graphics processing semiconductor products and is fundamental to the modern tech world. It’s facing some headwinds now, but they should turn into tailwinds by the 2nd half of 2023. The chart of NVIDIA is promising. The market is rebounding and heading up to a key resistance level that could trigger a full reversal. The risk is that earnings are due out in late February and could cap gains. The consensus estimates are falling, and there is risk the outlook for the 1st half of the year could be gloomy. In this video, we discuss what’s driving NVIDIA stock and where the price action is headed from here. If the market follows through on the signal that it is giving, this stock could gain double-digits by the end of the year.Read NVIDIA: AI and Gaming Lead The Way Forward Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9315 of 5 stars$137.71+3.1%0.03%54.20 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 MarketBeatMedia Humiliated: Demo of Elon’s Tech Proves They’re WrongElon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is ...Brownstone Research | Sponsored7 Chip Stocks to Buy on the DipFor much of the industrial era, semiconductors (i.e. chips) were a cyclical sector. For investors, that meant ...MarketBeatJanuary 29th - the next big trading catalyst to watch Mark your calendar for January 29th. Because on that day, I believe we could see a $2 Trillion shock INTO t...Timothy Sykes | Sponsored7 Gene Editing Stocks Offering Transformational ChangeInvestors are talking about the impact that artificial intelligence (AI) can have on their portfolios. But the...MarketBeatDeFi Coin on Verge of Breakout!The blueprint for millionaires is here. Don't let this be the missed opportunity you regret for years. Crypto 101 Media | Sponsored7 Oversold Stocks That Could Be Setting Up for a RallyIn 2024, investors are still wrestling with uncertainty. Will there be rate cuts, and what will they mean for ...MarketBeat
