Nvidia: The Ultimate Bear Trap Is Here

Summary:

  • Nvidia Corporation’s recent performance indicates that its growth story is far from over.
  • There are reasons to believe that the company will once again exceed expectations in Q3.
  • Nvidia’s expansion in the generative AI industry, strong demand for its chips, and upcoming product releases continue to outweigh the risks at this stage.

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I was one of those people who were skeptical about Nvidia Corporation’s (NASDAQ:NVDA) growth potential due to the increase in geopolitical risks. I also changed my mind a few months ago when the company aggressively


Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NVDA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Bohdan Kucheriavyi and/or BlackSquare Capital is/are not a financial/investment advisor, broker, or dealer. He's/It's/They're solely sharing personal experience and opinion; therefore, all strategies, tips, suggestions, and recommendations shared are solely for informational purposes. There are risks associated with investing in securities. Investing in stocks, bonds, options, exchange-traded funds, mutual funds, and money market funds involves the risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including greater volatility and political, economic, and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.

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