Nvidia (NVDA) Too Cheap to Ignore: Is Now the Time to Buy In?
The US stock market has continued its rather shocking downfall to start this week. However, that has not been the case for the Magnificent 7, with the market’s mega-cap stocks all in the green. That includes Nvidia (NVDA), which is rallying back toward $100 and may be too cheap to ignore, but is now the time to buy in? The company had been the best performer throughout the entirety of 2024. However, that changed dramatically this year. With the US stock market plummeting amid geopolitical concerns and trade wars, there are few that have been caught in the middle as much as the AI tech firm has. The question is, does its upside make it a no-brainer buy as March approaches? Source: Barchart Also Read: Nvidia CEO Meets With Chinese Officials Amid US Trade War Nvidia Falls Below $100 as Stock Becomes Wall Street’s Best Bargain With the global economy caught in a period of increased uncertainty, the US stock market has struggled. Nvidia has emerged as a key player caught in the i...