Nvidia Stock For 2023? Not So Fast. Hosted by Laycee KluinJanuary 18, 2023 ShareLink copied to clipboard. Play video for Nvidia Stock For 2023? Not So Fast.DetailsGuestsNVIDIA 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.Read Could NVIDIA, Intel Become The Face of America's Semiconductors?Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.389 of 5 stars$164.92+0.5%0.02%53.20 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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Insiders & Congress Buy UnitedHealthThe $7 company helping Nvidia build the world’s first trillion-dollar robot …From Weiss Ratings(Ad)View The $7 company helping Nvidia build the world’s first trillion-dollar robot … Search Headlines Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. 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Hosted by Laycee KluinJanuary 18, 2023 ShareLink copied to clipboard. Play video for Nvidia Stock For 2023? Not So Fast.DetailsGuestsNVIDIA 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.Read Could NVIDIA, Intel Become The Face of America's Semiconductors?Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.389 of 5 stars$164.92+0.5%0.02%53.20 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 From Our PartnersThis Signal Only Flashes Once Every 4 Years – And It Just TriggeredThis same signal has appeared twice before in the past 8 years — both times, it kicked off major moves in cryp...Crypto Swap Profits | SponsoredI was wrong about TrumpI made a mistake. A mistake I feel very foolish about. After speaking with Donald Trump and some of his ...Porter & Company | SponsoredINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | SponsoredBank of America Says Gold Could Hit $4,000. Here How to Get PaidBank of America believes gold could hit $4,000 an ounce in the next 12 months. That's an 18% jump from toda...Investors Alley | SponsoredThe End of Elon Musk…?The End of Elon Musk? Don't make him laugh. Jeff Brown has been hearing this same tired story for years, an...Brownstone Research | SponsoredGoogle did what!?!?A new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bil...Stansberry Research | Sponsored