Nvidia’s stock faces significant risks that could lead to a double-digit plunge, according to market analysts. Despite recent gains marking its third consecutive day of positive performance, concerns persist regarding its valuation and potential drops of up to 50-60% from recent highs.
Hedge funds and investors are evaluating whether Nvidia remains a viable investment under $100. The stock’s current pricing relative to the S&P 500 is at its cheapest point in nearly a decade, yet shares continue to face downward pressure. Market sentiment remains divided as Nvidia navigates challenges in an increasingly competitive tech landscape.
— new from Business Insider