Nvidia stock: Now is the time to scoop it up, analyst says

Nvidia (NVDA) has fallen from its heights in June with the overall tech sector taking a bit of a hit in the recent market sell-off. Is it a buying opportunity?
New Street Research technology infrastructure analyst Antoine Chkaiban joins Catalysts to give insight into why he believes it's a good opportunity to buy Nvidia despite the recent downturn and economic landscape.
Chkaiban affirms his position on Nvidia, saying that despite concerns around the macro-environment and a potential Blackwell delay, he still expects Nvidia to "remain dominate in a market that is growing very, very fast."
In terms of the future, Chkaiban claims: "I think that for 2025... things are fairly well set. You can look at things from multiple angles. We talked about the hyperscalers' cap-ex earlier. We know roughly how much they expect to grow cap-ex. Plans are already set. They already have a plan to train the next generation of the GPT models and the next generation of Gemini models. I think here there's probably limited room for much changes in plans."
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[PatrickLloyd-vjtj]

I previously believed that all investors experienced financial ruin during economic downturns, but I now realize that some of them actually make a fortune. In summary, while some people face recessions, others seize profitable opportunities, and it all begins with having the correct mindset. As a result, I have allocated some of my savings for future investments. Regrettably, I lack experience in this area.

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I agree that NVDA is seen as the "Stock of the year." I'm interested in identifying potential stocks that could emulate META's growth over the next decade. With $250k allocated for investment, my goal is to retire comfortably.

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just sold part of my Nvidia stock to protect my profits, but I'm holding onto some for the long run because of the company's strong growth prospects. In addition, I'm thinking of expanding the variety in my $400K stock portfolio, but I'm not sure how to handle risks going forward.

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Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

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I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[SirGenesis]

Damn… the bots are hotter than the stock right now. wtf

[Leanderphan]

Thanks for sharing! Bought NVDA18X, expecting 10x returns! 🚀 Coinbase, Bybit, Binance to list soon.

[yeddafrank]

Bought NVDA18X after watching your video, super excited! 💰

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[amaanpatel]

NVDA29K will be one of the biggest projects in the future. 2024 will be on fire 🎉

[sanazzadegan]

Great technical explanation from the analyst. I'm bullish in Nvidia since 2018 🚀

[RajeshRathore-dsxc]

Threw 5 mil into NVDA29K, HBAR and DOT. Expecting a solid million by end of the bull run.

[munsikha]

Your predictions were correct! NVDA29K will 100x once it is listed on Binance and OKX 🚀.

[Jai-shree-Ram-kattar-]

Just swapped all of my last ETH and swapped it into NVDA29K. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!

[Karankumar-hzys]

Depends on your finances . 1000$ in NVDA29K is 4000 NVDA29K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.

[ninjagamer]

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[BabluRampal-bcft]

Thanks for the NVDA29K Update, i have made 17, 000 so far.

[ak_editing]

Once NVDA29K passes $1, it may NEVER see that low again