Here's why buying Nvidia (NVDA) stock in December is an excellent strategy

Nvidia (NASDAQ: NVDA) began December 2024 on a weaker note, with its share price slipping below the critical 50-day moving average to trade at $131 as of press time.While such a drop may raise concerns, analysts point to a significant long-term opportunity, suggesting the current dip could serve as a launchpad for a major rally, projecting NVDA to hit $320 by summer 2025.As of the market close on December 16, NVDA shares are down 4.3% over the past five days and have shed 5% on the monthly chart, reflecting ...