Nvidia shares drop over 10% in two days, down 30% YTD, potential opportunity amid turbulence
From Yahoo Finance: 2025-04-07 11:22:00
Nvidia shares fell over 10% in two days due to market plunge, despite being partly spared from Trump’s tariff plans. Nasdaq is in bear market territory, causing concern for investors. The stock is down over 30% year to date, raising questions about owning shares of the AI leader. It’s a turbulent time with potential stagflation and recession threats looming.
Investing in Nvidia during downturns could lead to future outperformance as the market recovers. The stock is trading at an intriguing valuation with a forward P/E ratio of about 21. It’s not the time to jump in fully due to volatility, but considering adding Nvidia stock during these turbulent times could be beneficial for investors.
Read more at Yahoo Finance: Nvidia Stock Is Swinging Wildly Today. Should Investors Jump In?