Down 12% in a week, should I jump on Nvidia stock today?
As an investor it is often a case of ‘right company, wrong price’ or simply ‘wrong company’ when it comes to building my portfolio. Nvidia (NVDA) is the former. It is a share I would gladly own – if only I could buy it at an attractive price. But with Nvidia stock having fallen 12% over the past week — meaning it is – could now be the moment for me to make the move?
Here are a few questions I have.
When a share falls in price and I am potentially interested in buying it, I always try to understand the price has fallen.
That can be wider market sentiment, a change in investors’ focus or something more company-specific such as the release of an earnings report or profit warning.
Last week saw…
