QQQ 290.94 (-1.80%)

AAPL 143.21 (-1.86%)

MSFT 242.76 (-2.18%)

META 147.56 (-2.75%)

GOOGL 97.09 (-2.29%)

AMZN 100.87 (-1.34%)

TSLA 169.59 (-4.67%)

NVDA 194.10 (-4.69%)

NIO 12.01 (-5.51%)

BABA 111.72 (-5.63%)

AMD 73.18 (-2.94%)

T 20.16 (+1.05%)

MU 62.15 (-2.69%)

F 12.93 (-2.56%)

CGC 2.88 (-1.71%)

GE 80.86 (-2.85%)

DIS 108.16 (-1.26%)

AMC 4.97 (-9.80%)

PFE 43.46 (-0.75%)

PYPL 80.41 (-1.74%)

NFLX 354.30 (-1.79%)

QQQ 290.94 (-1.80%)

AAPL 143.21 (-1.86%)

MSFT 242.76 (-2.18%)

META 147.56 (-2.75%)

GOOGL 97.09 (-2.29%)

AMZN 100.87 (-1.34%)

TSLA 169.59 (-4.67%)

NVDA 194.10 (-4.69%)

NIO 12.01 (-5.51%)

BABA 111.72 (-5.63%)

AMD 73.18 (-2.94%)

T 20.16 (+1.05%)

MU 62.15 (-2.69%)

F 12.93 (-2.56%)

CGC 2.88 (-1.71%)

GE 80.86 (-2.85%)

DIS 108.16 (-1.26%)

AMC 4.97 (-9.80%)

PFE 43.46 (-0.75%)

PYPL 80.41 (-1.74%)

NFLX 354.30 (-1.79%)

QQQ 290.94 (-1.80%)

AAPL 143.21 (-1.86%)

MSFT 242.76 (-2.18%)

META 147.56 (-2.75%)

GOOGL 97.09 (-2.29%)

AMZN 100.87 (-1.34%)

TSLA 169.59 (-4.67%)

NVDA 194.10 (-4.69%)

NIO 12.01 (-5.51%)

BABA 111.72 (-5.63%)

AMD 73.18 (-2.94%)

T 20.16 (+1.05%)

MU 62.15 (-2.69%)

F 12.93 (-2.56%)

CGC 2.88 (-1.71%)

GE 80.86 (-2.85%)

DIS 108.16 (-1.26%)

AMC 4.97 (-9.80%)

PFE 43.46 (-0.75%)

PYPL 80.41 (-1.74%)

NFLX 354.30 (-1.79%)

QQQ 290.94 (-1.80%)

AAPL 143.21 (-1.86%)

MSFT 242.76 (-2.18%)

META 147.56 (-2.75%)

GOOGL 97.09 (-2.29%)

AMZN 100.87 (-1.34%)

TSLA 169.59 (-4.67%)

NVDA 194.10 (-4.69%)

NIO 12.01 (-5.51%)

BABA 111.72 (-5.63%)

AMD 73.18 (-2.94%)

T 20.16 (+1.05%)

MU 62.15 (-2.69%)

F 12.93 (-2.56%)

CGC 2.88 (-1.71%)

GE 80.86 (-2.85%)

DIS 108.16 (-1.26%)

AMC 4.97 (-9.80%)

PFE 43.46 (-0.75%)

PYPL 80.41 (-1.74%)

NFLX 354.30 (-1.79%)

Nvidia Stock For 2023? Not So Fast.

Wed., January 18, 2023

NVIDIA was once the hottest tech stock on the market, but now it’s just another down-and-out play with earnings in decline… or is it? The company is the leading manufacturer of graphics processing semiconductor products and is fundamental to the modern tech world. It’s facing some headwinds now, but they should turn into tailwinds by the 2nd half of 2023.

The chart of NVIDIA is promising. The market is rebounding and heading up to a key resistance level that could trigger a full reversal. The risk is that earnings are due out in late February and could cap gains. The consensus estimates are falling, and there is risk the outlook for the 1st half of the year could be gloomy.

In this video, we discuss what’s driving NVIDIA stock and where the price action is headed from here. If the market follows through on the signal that it is giving, this stock could gain double-digits by the end of the year.

Stocks Mentioned in This Episode

Add This Stock to My Watchlist

Don't Miss a Video

Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decision by providing real-time financial data and objective market analysis.

Subscribe on YouTube

Thomas Hughes

Thomas Hughes, Guest

MarketBeat Contributor, MarketBeat

Thomas 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

Laycee Kluin, Host

Digital Marketing Strategist, MarketBeat

As 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.

Recent Videos

3 Stocks to Buy And Hold Forever in 2023

3 Stocks to Buy And Hold Forever in 2023

Chevron: Buy for the Dividend, Stick Around for the Growth

Chevron: Buy for the Dividend, Stick Around for the Growth

3 Dividend Kings For 2023, And a Bonus Pick

3 Dividend Kings For 2023, And a Bonus Pick

Featured Articles and Offers

Why Lucid Spiked Nearly 100% In One Day
Posted January 27, 2023
View Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here
From Porter & Company(Ad)
View The Next Big Crisis Is Here
Mullen Automotive: The Good News, The Bad And The Ugly Outlook
Posted January 26, 2023
View Mullen Automotive: The Good News, The Bad And The Ugly Outlook
Low-Priced Stocks Still Paying Dividends
Posted January 24, 2023
View Low-Priced Stocks Still Paying Dividends
Ride These Railroad Stocks for Growth and Income
Posted January 27, 2023
View Ride These Railroad Stocks for Growth and Income
Profit From the Commercial Solar Boom?
From Investing Trends(Ad)
View Profit From the Commercial Solar Boom?
3 Small Caps That Have Big Upside
Posted January 26, 2023
View 3 Small Caps That Have Big Upside
3 Late January Earnings Plays With Pop Potential
Posted January 24, 2023
View 3 Late January Earnings Plays With Pop Potential

Search Videos:

hit counter

Get 30 Days of MarketBeat All Access Free

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial