Prediction: Nvidia Stock Is Going to Soar After Nov. 20

Even though it's only half over, November has already been a busy month. In addition to the U.S. presidential election and a Federal Reserve meeting that came with another reduction to prime lending rate, companies across all industries have been reporting third-quarter earnings over the last few weeks.But the month's busyness is far from over. Nov. 20 is another important date, especially for semiconductor stock Nvidia (NASDAQ: NVDA), as it reports third-quarter earnings then. Here's why I think the stock is set to soar following the report and my reasoning for my recommendation on what to do if you are considering buying it. Is it a buy? Read on to find out.As an investor in many technology stocks, I've spent a good bit of time over the last several weeks combing through earnings reports for artificial intelligence (AI) companies. The first stocks I analyzed were the "Magnificent Seven" -- Microsoft, Alphabet, Apple, Meta Platforms, Amazon, Tesla, and (of course) Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool