Going Long Nvidia Still Makes Sense: Here’s Why Hosted by MarketBeat StaffMarch 20, 2024 ShareLink copied to clipboard. Play video for Going Long Nvidia Still Makes Sense: Here’s WhyDetailsGuestsGoing long NVIDIA NASDAQ: NVDA stock still makes sense because the multi-trillion dollar AI opportunity has yet to play out, and Nvidia is the dominating source. Its chipsets, GPUs, and accelerators are only the tip of an iceberg that includes a full stack of services. Nvidia has evolved from a mere chipmaker into a technology powerhouse that will drive change over the next decade. To put this opportunity into perspective, the AI market is expected to grow by 9X over the next six years to nearly $2 trillion. Because Nvidia already commands about 80% of the market, is advancing technology today, and is raising prices, it should continue to grow and outperform expectations for the foreseeable future.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9314 of 5 stars4.93 / 5 stars$112.76+0.4%0.04%65.94 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffMarch 20, 2024 ShareLink copied to clipboard. Play video for Going Long Nvidia Still Makes Sense: Here’s WhyDetailsGuestsGoing long NVIDIA NASDAQ: NVDA stock still makes sense because the multi-trillion dollar AI opportunity has yet to play out, and Nvidia is the dominating source. Its chipsets, GPUs, and accelerators are only the tip of an iceberg that includes a full stack of services. Nvidia has evolved from a mere chipmaker into a technology powerhouse that will drive change over the next decade. To put this opportunity into perspective, the AI market is expected to grow by 9X over the next six years to nearly $2 trillion. Because Nvidia already commands about 80% of the market, is advancing technology today, and is raising prices, it should continue to grow and outperform expectations for the foreseeable future.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.9314 of 5 stars4.93 / 5 stars$112.76+0.4%0.04%65.94 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeat625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored7 Stocks to Buy Ahead of a Possible September Rate CutAccording to the CME Group's FedWatch Tool, there is a 57% chance that the Federal Reserve will cut interest r...MarketBeat“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | Sponsored10 Best Penny Stocks to Buy NowLet's talk penny stocks. We've all played with them at one time or another, buying shares of a company trading...MarketBeatWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | Sponsored7 Manufacturing Stocks to Buy as Sector Activity IncreasesManufacturing is the lifeblood of any country's economy. That's why many investors have one or more manufactur...MarketBeat