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Can NVIDIA stock hit the $600 valuation in the ongoing winning streak?
NvidiaNvidia(US:NVDA) Invezz·2024-01-12 02:38

Nvidia Corp. (NASDAQ:NVDA) hit a record of above 550onThursday,extendingitswinningstreakin2024.Notwithstanding,thegainsinthepast12monthsare6timeshigherthanitscompositeNASDAQindex.Consequently,NVIDIAisup239550 on Thursday, extending its winning streak in 2024. Notwithstanding, the gains in the past 12 months are 6 times higher than its composite NASDAQ index. Consequently, NVIDIA is up 239%, with the gains expected to continue for one of the best technology stocks.The key to NVIDIA’s stock price prediction is its recent breakout. The stock breached a key barrier at 500, the previous all-time high, signifying it has set a new price floor. The breakout grew buy ...