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Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a state-backed Saudi Arabian AI company. Monitor these crucial chart levels.
We recently published a list of the 13 Best Technology Stocks to Buy for Long-Term Investment. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other tech stocks to buy for long-term investment.
Big Tech company Nvidia Corp. was the top-performing stock in the Dow Jones Industrial Average on Wednesday afternoon, helping to lift exchange-traded funds focused on stocks in the semiconductor industry.
Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
The following seven stocks are all "strong buys" at five or more Wall Street firms, and have zero sell ratings at present. They are also big and established names with broad followings, so there's no risk that you're buying into the hype of just one or two shops:
Nvidia stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.
Nvidia stock is down 22% from its all-time high, as investors fear tariffs and global trade tensions could dent its data center chip sales. Nvidia will report its latest quarterly financial results on May 28,
UnitedHealth names a new CEO and suspends its 2025 outlook, Nvidia’s market caps crosses $3 trillion, and Coinbase shares jump after it was announced the cryptocurrency trading platform will be added to the S&P 500.
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