Why NVIDIA (NVDA) Is a Strong Buy Below $120
NVIDIA (NVDA) remains a powerhouse in the AI and semiconductor industry, and any opportunity to buy below $120 is a gift for long-term investors. Here’s why:
1. Dominance in AI and Data Centers
NVIDIA is the undisputed leader in AI computing, powering everything from ChatGPT to Tesla’s self-driving technology. Its GPUs are the gold standard for machine learning, data centers, and cloud computing. As AI adoption skyrockets, NVIDIA’s revenue from AI chips will continue to grow exponentially.
2. Explosive Growth in Revenue and Profits
NVIDIA’s earnings have been on fire, consistently beating Wall Street expectations. The
company is not just growing—it’s growing at an accelerating pace. In recent quarters, data center revenue alone has surged by over 100% year-over-year, driven by massive demand from tech giants like Microsoft, Google, and Amazon.
3. Stock Splits and Long-Term Value
NVIDIA recently completed a 10-for-1 stock split, making it more accessible to retail investors. While some fear stock splits dilute value, in reality, they make it easier for new investors to buy in, increasing demand. Historically, stocks that split tend to outperform in the following months.
4. AI Boom Is Just Getting Started
Companies worldwide are racing to integrate AI into their products, and NVIDIA is the backbone of this transformation. Its H100 and upcoming B100 GPUs are in such high demand that customers are waiting months to get their hands on them. With AI still in its early stages, NVIDIA’s best days are ahead.
5. Strong Technical Support Around $120
From a technical analysis standpoint, NVIDIA has shown strong support just above $110, making $120 an attractive entry point. The stock has historically bounced back from similar levels, and with AI-driven momentum, it’s only a matter of time before it moves higher.
Final Thoughts: NVIDIA Is the Future
NVIDIA isn’t just a semiconductor company—it’s a cornerstone of the AI revolution. Whether it’s powering ChatGPT, self-driving cars, or cloud computing, its dominance is undeniable. Below $120, the risk-reward ratio is highly favorable, making it a strong buy for long-term investors.
@CaptainTiger @TigerStars @MillionaireTiger @TigerTradingNotes$NVIDIA(NVDA)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: