Prediction: Nvidia Stock Is Going to $400 Within 1 Year

Shares of Nvidia (NASDAQ: NVDA) have appreciated 58% over the past year. While that's an impressive jump, the stock's returns fade in comparison to the 164% spike in the PHLX Semiconductor Sector index over the same period.I think that the market hasn't rewarded Nvidia stock enough for the outstanding growth it has been delivering quarter after quarter. The company's latest quarterly report hasn't done much to change its fortunes either, as the stock has slipped despite crushing Wall Street expectations when it released its fiscal 2027 first-quarter results (for the quarter ended April 26) on May 20.However, it won't be long before Nvidia steps on the gas once again. In fact, there is a good chance of this semiconductor stock jumping to $400 in a year. Let's see why that may be the case.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool