Nvidia gained 240% in 2023. Analysts have a price target of 700 for the stock. Is Nvidia stock a buy now?
(Bloomberg) -- Nvidia Corp.’s blowout earnings report lifted shares and assured the market that artificial intelligence mania is still going strong. It might also make the stock look cheaper.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseShe Was Set to Break Goldman’s Glass Ceiling. Now Beth Hammack Is LeavingYour 401(k) Will Be Gone With
Stock Market Today: The Dow Jones rallied Thursday after initial jobless claims. Nvidia stock soared to record highs on strong earnings.