After maintaining a general bullish trend throughout 2021, Nvidia stock is carrying on on the bullish trend in 2022. In the last five days, the stock has gained over 2%.
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.
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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 could become overbought and perform a pullback anytime.
Nvidia stock price prediction
Nvidia stock (NVDA) bullish trend is expected to continue following the growing interest for personal computers especially within the crypto and metaverse space.
If it maintains the current trend, its price is predicted to trade above $300 before the end of the first quarter of 2022.
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