I’ve been recommending, analyzing and chronicling the journey of Nvidia Corp. NVDA 0.00%↑ for more than a decade … since 2013, in fact.
So I’ve seen the massive runs the stock has made.
And the periodic sell-offs that followed.
After every single one of those “Nvidia Stock Stumbles” events, CEO Jensen Huang finds a way to energize investors by energizing his chipmaking locomotive.
Last week’s second-quarter earnings report tripped Nvidia’s shares. And the more Huang spoke with journalists and investors, the more exorcised he seemed to become.
And I get it … I’m sympathetic.
I mean … Nvidia delivered what I’ve dubbed “the earnings-report trifecta” — beating on revenue … beating on profits … and boosting guidance.
But the stock stumbled.
So the team at Stock Picker’s Corner (SPC) looked … analyzed … took a step back and assessed.
Our takeaway: Huang’s greatest performance is still to come …
And that “Next Act” will begin before 2024 comes to a close.
At this moment … Nvidia’s shares have taken a break from their scorching journey.
Call it an “intermission.”
And an opportunity … a “special opportunity” fueled by some “special-situation triggers” that are unusual to find for a company like Nvidia.
Today, I’ll detail three of those “triggers” … and tell you what comes next for the artificial intelligence (AI) chip leader.
You’ll find that full report here.
Let me know what you think.
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