Nvidia's Stock Could Keep Climbing, Says Expert: 'Play Long Into Earnings And Post-Earnings'
Portfolio Pulse from Benzinga Neuro
Carter Braxton Worth, a technical analyst, is bullish on NVIDIA (NASDAQ:NVDA) ahead of its earnings, suggesting a long-term strategy. Analysts expect earnings of $0.64 per share and $28.68 billion in revenue. Despite potential setbacks, NVIDIA's stock has risen 160% YTD, with experts like Jim Cramer optimistic about its future.
August 27, 2024 | 10:15 am
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Carter Braxton Worth is bullish on NVIDIA, suggesting a long-term strategy around earnings. Analysts expect $0.64 EPS and $28.68B revenue. Despite potential setbacks, NVIDIA's stock has risen 160% YTD, with experts optimistic about its future.
Carter Braxton Worth's bullish stance and the anticipation of strong earnings suggest a positive short-term impact on NVIDIA's stock. The stock's 160% YTD increase and expert optimism further support this outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100