Nvidia Stock Could Soar Between 10% and 28%, According to Select Wall Street Analysts. Is the Stock a Buy Before Nov. 20?

On Wednesday, Nov. 20, the entire investment community will be anxiously awaiting one critical piece of news. No, I'm not talking about a Federal Reserve meeting or an update regarding jobs growth. Next week the poster child of artificial intelligence (AI), Nvidia (NASDAQ: NVDA), is scheduled to report third-quarter earnings results.I've said this many times before, but just to reiterate my stance on Nvidia, I see the company as the ultimate measuring stick for the health of the AI market. If Nvidia reports positive news (which tends to be the case), an upward movement in the stock has the power to positively impact the entire capital markets.I'm going to break down what's on the line for Nvidia at the moment and explain why this upcoming earnings report is so important. Moreover, I'll share some recent analyst price targets that have been published as the earnings report approaches.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool