Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Jim Cramer on NVIDIA Corporation NVDA: I Would Own Not Trade

October 29, 2024
According to renowned financial analyst Jim Cramer, it is advisable to own NVIDIA Corporation (NVDA) stock rather than trade it. Cramer, who is also the host of "Mad Money" on CNBC, believes that NVDA's potential for long-term growth makes it a valuable asset to hold onto.

Cramer's sentiment aligns with the recent performance of NVDA. Despite a staggering 190% year-to-date gain, Bank of America predicts a further 40% upside for the stock. This forecast is based on the strong fundamentals and positive market sentiment surrounding NVDA.

Goldman Sachs, on the other hand, suggests that NVDA has created a division among mutual hedge fund managers. While some view it as an attractive investment opportunity, others remain skeptical.

As one of the FAANG stocks, NVDA is often compared to other tech giants like Facebook, Amazon, Apple, Netflix, and Google. According to analysts at Yahoo Finance, NVDA stands out as one of the best FAANG stocks to buy due to its consistent growth and market leadership.

For those looking to make informed investment decisions, professionals from stocks-prognosis.com recommend considering the potential movement of NVDA's stock. Their expertise and in-depth analysis can provide valuable insights for investors.

In conclusion, NVDA's strong performance, positive outlook, and recommendation by analysts make it a noteworthy investment option. As Jim Cramer suggests, owning NVDA stock may be a wise choice for long-term investors.

Find out how the NVIDIA CORPORATION rate is expected to change

Get Forecast for NVDA
There are no comments yet. Be the first to leave a comment
If you want to leave a comment, then you need Login or Register





Other news for NVDA

NVDAMarch 19, 2025Is NVIDIA Corp. NVDA The Best Upside Stock To Buy Right Now?  ~2 min.

As the global demand for advanced graphics processing units (GPUs) continues to rise, NVIDIA Corporation (NVDA) is emerging as a top player in the industry....

NVDAMarch 17, 2025NVIDIA Corporation NVDA Sees Surge in Stock Value as Demand for Gaming and AI Technology Increases  ~2 min.

In recent months, NVIDIA Corporation (NVDA), a leading technology company specializing in graphics processing units (GPUs) and artificial intelligence (AI) technology, has experienced a significant surge in its stock value. This rise in stock price can be attributed to the increasing demand for gaming and AI technology, as well as the company's continuous innovation and expansion efforts. NVIDIA's...

NVDAMarch 16, 2025NVIDIA Corporation NVDA: Leading the Way in AI Technology  ~1 min.

NVIDIA Corporation NVDA is a global leader in AI technology and continues to dominate the market with its innovative solutions....

NVDAMarch 15, 2025Is NVIDIA Corp. NVDA on the Verge of a Breakthrough in AI Technology?  ~2 min.

NVIDIA Corporation (NVDA) has long been a leader in the technology industry, particularly in the field of artificial intelligence (AI)....

NVDAFebruary 25, 2025NVIDIA Corporation NVDA: A High Growth Mega Cap Stock You Can Buy and Hold for the Next 5 Years  ~2 min.

NVIDIA Corporation (NVDA) is a leading technology company known for its innovation and high-performance graphics processing units (GPUs)....



Related news

MSFTOctober 30, 2024Microsoft Corp. MSFT - A Promising Investment Opportunity According to stocks-prognosis.com  ~2 min.

Microsoft Corporation (NASDAQ: MSFT) has been gaining attention in the investment world due to its strong fundamentals and potential for growth. According to stocks-prognosis....

MSFTOctober 30, 2024Microsoft Corporation's Intrinsic Value is Potentially 34% Above Its Share Price, According to Yahoo Finance  ~2 min.

Microsoft Corporation (NASDAQ:MSFT) continues to demonstrate its strong performance in the market, with potential for even further growth....

MSFTOctober 28, 2024Microsoft AI Innovations Expected to Drive Growth  ~1 min.

Microsoft Corporation's (NASDAQ:MSFT) impressive first-half performance has caught the attention of investors....

CBJanuary 29, 2025Chubb Limited CB Emerges as a Prominent Player in the Insurance Industry  ~1 min.

Chubb Limited, a renowned global insurance company, has been attracting significant attention from investors....

CBJanuary 28, 2025Chubb Limited: A Global Insurance Leader with Promising Future  ~2 min.

Chubb Limited (NYSE:CB) has been capturing the attention of investors with its strong fundamentals and recent key executive appointments....