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 Could NVIDIA, Intel Become The Face of America's Semiconductors?Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9549 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 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 Could NVIDIA, Intel Become The Face of America's Semiconductors?Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9549 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 MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored20 Stocks to Sell NowMost people know that Wall Street analyst recommendations are overstated because of pressure from public compa...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored7 Stocks to Buy if Inflation Remains Higher for Longer Every month, investors get several key economic indicators that report the trajectory of inflation. The Cons...MarketBeat$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored7 Artificial Intelligence Stocks That Are Still Long-Term WinnersIt's hard to believe that two years ago, many of us had never heard of ChatGPT. But for the last 18 months, in...MarketBeat
