![]() ![]() I think that a Neutral rating for Nvidia is fair the company's long-term growth prospects are good, but it will be challenging for the stock to meet the market's near-term growth expectations. ![]() Nvidia Corporation is not a good buy now, in my view, as expectations are relatively high now as evidenced by its valuations and there are considerable risks relating to earnings disappointment. NVDA's record-high stock price and premium valuations are justified to a large extent by its above-expectations quarterly results and the strong performance of its gaming & data center businesses. Nvidia's stock price reached a new historical high, but analysts' target prices and historical & peer valuation comparisons suggest that NVDA's future upside could be limited. I have a Neutral rating assigned to Nvidia Corporation ( NASDAQ: NVDA). ![]() Photo by Justin Sullivan/Getty Images News via Getty Images Elevator Pitch ![]()
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