@pdicarlotrader Play the long game in stocks. Not the short term noise.
$NVDA Wall Street price targets for Nvidia stock
Goldman Sachs: $250
JPMorgan: $265
Bank of America: $300
Bernstein: $300
Raymond James: $291
Truist Securities: $283
Retail investors are buying Nvidia at a record pace:
Individual investors bought ~$360 million of Nvidia, $NVDA, shares in the first 80 minutes of Thursday’s trading session, the most for any session opening on record.
By comparison, the daily average over the prior 5 trading sessions was ~$94 million.
This comes after Nvidia crushed its Q4 earnings expectations and issued strong guidance for Q1.
Nvidia has been a top stock for retail investors since 2023, according to Vanda Research data.
Despite the strong results and retail buying, $NVDA stock ended the session -5.5% lower.
Retail investors are still buying Nvidia.