The graphics specialist has a major catalyst in the wings to sustain its
terrific stock price momentum.
Investors weren’t hugely impressed with NVIDIA’s (NASDAQ: NVDA) latest
quarterly results, even though the chipmaker delivered stellar growth in
its revenue and earnings that beat Wall Street’s expectations.
Shares of the graphics card specialist retreated despite upbeat guidance
as investors braced for potential softness in the company’s data center
business after a strong run so far this year. But savvy investors should
treat any weakness in NVIDIA’s stock as an opportunity to buy more
shares, as its largest business is about to switch into a higher gear and
offset its weakness elsewhere. Let’s see why. …
