Should You Buy the Dip in Nvidia Stock Today?

Nvidia (NVDA) delivered yet another master class in financial dominance on Feb. 25, posting a nearly 100% increase in Q4 profit and rather impressive first-quarter guidance for $78 billion in revenue. Yet, in a classic “sell the news” reaction, shares retreated about $5% today as investors fixated on gross margins that contracted by 390 basis points and the persistent shadow of a China overhang. More News from Barchart At the time of writing, Nvidia stock is down about 10% versus its November high — a ...