Core Viewpoint - Nvidia (NASDAQ: NVDA) is considered one of the most attractive AI stocks, with analysts suggesting that there is still potential for growth despite recent gains [1][2]. Stock Performance - At the close of the last session, NVDA shares were valued at $188, reflecting a 1.1% increase for the day and a 46% rally over the past year [2]. Optimal Buying Points - Current stock price is not seen as an optimal entry point due to high valuation assumptions and limited short-term margin for error [3][4]. - The best buying opportunity is expected to occur after Nvidia reports earnings, as this reduces uncertainty and provides more reliable guidance [4]. Post-Earnings Strategy - A post-earnings decline of approximately 5% to 15% would be viewed as a high-probability entry point, with initial buying suggested in the $165 to $175 range [7]. - More aggressive accumulation could be justified if the stock price falls into the $150s due to broader market weakness [7]. Secondary Entry Points - A secondary buying opportunity may arise from a sharp pullback ahead of earnings, particularly if shares fall into the $170 to $180 range [8]. - In such cases, initiating only a partial position is recommended while holding back capital until earnings uncertainty is resolved [8]. Least Attractive Entry Points - The least attractive entry points include slow rallies into earnings, euphoric breakouts without new information, and periods of strong bullish sentiment, which historically lead to weaker future returns [9]. Investment Discipline - Emphasis is placed on maintaining discipline rather than rushing into investments, suggesting that only a small amount of capital should be deployed below $180, with most held in cash for post-earnings opportunities [10].
Here's the best time to buy Nvidia (NVDA) stock, according to ChatGPT