Nvidia Stock Is Up Over 233% In The Past Year And Tech Bulls Say It Could Go Even Higher From Here: '…You'll See The Stock Double Over The Next Several Years'

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Nvidia Corp (NASDAQ:NVDA) shares closed up 0.8% at $138 on Friday, taking its market capitalization to over $3 trillion, but the stock can go higher, according to bullish experts.

The demand for GPU chips is strong, and you’re seeing early adopters starting to get some ROI,” Ahulwali told Yahoo Finance.T.

Expert Commentary: Ram Ahluwalia, CEO of Lumida Wealth Management is reportedly optimistic about the company touching a $4 trillion valuation.“There’s no question about it.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: NVDA Markets NVDL NVDU US67066G1040 Goldman Sachs Analyst Ratings Dan Niles Equities Tech Benzinga Apple Ram Ahluwalia Artificial intelligence Analyst Color Tony Wang News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-20 @ 05:22:24 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23131124

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