Nvidia Stock: It Could Be A Buy In A Couple Of Months (NASDAQ:NVDA)

Justin Sullivan/Getty Images News In November 2021, I called Nvidia (NASDAQ:NVDA) a meme stock overvalued by 50 percent for the next ten years. It is now down 40 percent from its peak and has performed much worse than the S&P 500. Importantly, I don’t have anything against the company per se. On the contrary, I am a big fan of Nvidia and its management. For example, I recommended buying the stock in January and May 2020. My ratings on Nvidia (Tipranks) After the recent share price correction, the share looks somewhat more interesting again.

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