Nvidia Stock Is Marching Higher Again. Is It Time to Buy?

Markets remain volatile as investors and traders continue to digest the potential effects of a global trade war as nations respond to President Trump's tariff rollout. The stock of semiconductor giant Nvidia (NASDAQ: NVDA) has begun to rebound, though.Shares were higher again today by as much as 5%. While the stock pared that gain, Nvidia shares have still been on a positive trend since last Friday. Uncertainty around the tariff situation remains, but Nvidia should still be a long-term winner despite the short-term market turbulence.Even with this week's rebound, Nvidia stock is still lower by more than 25% year to date. Some large investors seem to think it has bottomed. Portfolio manager and widely followed investor Cathie Wood added over 340,000 shares on Monday and Tuesday, reports Barron's.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool