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‘Position Yourself for What's Next,' Says Investor About Nvidia Stock
‘Position Yourself for What's Next,' Says Investor About Nvidia Stock

Business Insider

time8 hours ago

  • Business
  • Business Insider

‘Position Yourself for What's Next,' Says Investor About Nvidia Stock

Nvidia (NASDAQ:NVDA) stock has been rising again following a rough stretch to start the year, having climbed over 50% during the past two months. Confident Investing Starts Here: The rebound isn't just about momentum. Beyond its impressive fiscal Q1 2026 revenue growth, Nvidia is also expanding into the lucrative Gulf market – a strategic pivot that could help offset the financial hit from tightening U.S. export restrictions on semiconductor sales to China. After all, it was precisely those fears of escalating trade restrictions – particularly targeting China and other sensitive regions – that dragged NVDA down earlier this year. But sentiment began to shift in April, as President Trump and other world leaders dialed back their rhetoric following the tense Liberation Day tariff flare-up, giving the AI datacenter leader room to recover. Still, the path forward is hardly smooth. Lingering concerns over hyperscaler spending, slowing growth, and renewed U.S.-China tensions continue to cast a shadow over the stock. Yet not everyone sees that as a bad thing. One investor, known by the pseudonym Income Generator, actually welcomes the idea of future dips – and sees them as potential buying opportunities. 'I think we could be on the verge of another major breakout with this name and that short-term NVDA pullbacks should be viewed as a buying opportunity for the remainder of the year,' predicts the 5-star investor. Income Generator backs up the bullish view with fundamentals: Nvidia's Q1 2026 revenues hit $44.1 billion, up 69% year-over-year, while its Forward P/E ratio of 33.93x remains attractive when compared to other Magnificent 7 names like TSLA, MSFT, and AMZN. Still, the investor remains realistic. With NVDA approaching its historic all-time highs, there's a strong chance short sellers are circling. But rather than being a threat, this setup could act as a bullish trigger – a sudden move higher might 'stop-out' bearish bets and spark a wave of FOMO-driven buying. 'I think that this convergence of opposing positioning behavior within the market-at-large could be what leads to the next major catalyst in share prices themselves,' adds Income Generator. Expecting an 'explosively bullish event,' Income Generator says he will be sticking around until Nvidia's share price hits the $200 level – adding that at current prices, NVDA is a 'Strong Buy.' (To watch Income Generator's track record, click here) At present, that's also where Wall Street finds itself. With 35 Buy, 4 Hold, and 1 Sell rating, NVDA boasts a Strong Buy consensus rating. Its 12-month average price target of $173.19 has an upside of ~20%. (See NVDA stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.

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