Should You Buy Nvidia Stock Before Nov. 20? Wall Street Has a Clear Answer for Investors.

Demand for artificial intelligence infrastructure has been an enormous tailwind for semiconductor company Nvidia (NASDAQ: NVDA). Its revenue and earnings have increased at a triple-digit pace in the last five quarters, and its share price has surged 910% since January 2023.Nvidia will announce financial results for the third quarter after the market closes on Wednesday, Nov. 20. The stock has been exceptionally volatile following recent earnings events, which presents investors with a difficult choice: Is it smart to buy shares now?For what it's worth, Wall Street is overwhelmingly bullish. Among the 65% of analysts who follow Nvidia, 92% rate the stock a buy and the other 8% rate it a hold ahead of the company's third-quarter earnings report. Not a single analyst recommends selling Nvidia at the present time.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool