Nvidia stock is one of the few stocks that has maintained a general bullish trend throughout the year with just a few short pullbacks.
The stock started today with a pop before dropping to its current price but it is still up.
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To help stock investors interested in investing in Nvidia stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is NVDA stock?
Nvidia stock is the stock of Nvidia Corporation and it trades on the NASDAQ Stock Exchange under the symbol NASDAQ: NVDA.
Nvidia Corporation is an American multinational technology company that designs graphics processing units for the gaming and professional markets, as well as system on chip units for the mobile computing and automotive market.
The corporation is based in Santa Clara, California and it is incorporated in Delaware.
Should I buy NVDA stock today?
If you are looking to invest in a stock that has been on a sustained bullish trend, then Nvidia stock is a good stock.
However, it is important to keep in mind that the majority of traders have also noticed the bull trend and it is most likely it could become overbought pretty quick and may require a pullback.
Nvidia stock price prediction
Nvidia stock (NASDAQ: NVDA) bullish trend is expected to continue following the growing interest for personal computers especially for cryptocurrency and metaverse use cases around the world.
If it maintains the current trend, its price is predicted to trade above $310 before the end of the year.
$NVDA social media coverage
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