Should You Buy Nvidia Before May 28?

Nvidia (NASDAQ: NVDA) soared over the past two years, but in recent weeks, it's offered investors a fresh buying opportunity that some may have never believed possible. After all, the artificial intelligence (AI) chip giant's earnings have been climbing, and the AI market is set to reach into the trillions by the end of the decade. And all of this should support more gains for Nvidia's stock price.But general concerns about the economy, spurred by President Trump's plan to impose tariffs on imports, weighed on Nvidia -- and the overall stock market. Investors also worried about export restrictions that recently halted Nvidia's sales of chips to China. As a result, Nvidia stock fell as much as 29% from the start of the year through its lowest point last month. It's since started to rebound but still remains at a very reasonable price in relation to forward earnings estimates.Now, investors are wondering how long it might stay at that price -- especially with a big potential catalyst coming up on May 28. I'm talking about Nvidia's quarterly earnings report, a moment that generally offers us important updates and a glimpse into what's ahead for this industry mover and shaker. This is particularly important these days, as concern remains about the impact of potential tariffs on electronics and on the future of chip exports.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool