Should You Buy Nvidia Stock Before March 21? History Has a Surprising Answer.

Group 1 - Nvidia is hosting its annual GTC event from March 17 to March 21, focusing on artificial intelligence with numerous sessions on related topics [1] - CEO Jensen Huang will deliver a keynote speech that is expected to outline the company's product roadmap and market opportunities [2] - Historically, Nvidia stock has performed poorly in the month following GTC events, with an average decline of 12% over the last five events [4][5] Group 2 - Despite past performance, GTC 2025 may differ as analysts view Nvidia's stock as undervalued, with a median target price of $175 per share, indicating a potential 45% upside from the current price of $120 [6] - Nvidia dominates the data center GPU market, which is crucial for AI accelerators, with AI accelerator spending projected to grow at 29% annually through 2030 [7] - The demand for generative AI has been a key driver for Nvidia since the launch of ChatGPT in late 2022, positioning the company at the forefront of the AI revolution [8] Group 3 - Jensen Huang introduced Nvidia Cosmos, a full-stack robotics solution that enhances Nvidia's data center hardware and software tools [9] - Wall Street estimates Nvidia's earnings will grow at 39% annually through fiscal 2027, suggesting the current valuation of 40 times earnings is relatively cheap [10] - Investors are advised to consider historical data while maintaining a long-term perspective, suggesting a strategy of buying a small position before GTC 2025 and potentially adding more shares later [11]