Nvidia stock expected to rise in second half due to positive momentum and strong performance.

Nvidia stock soared over 800% in the past two years before facing a decline due to concerns about import tariffs. However, positive momentum has returned, with the stock climbing more than 60% from its low. Nvidia’s revenue and profitability have been on the rise, with gross margins exceeding 70% in recent quarters. The stock is now reasonably priced at 36 times forward earnings estimates. Trade-related news and Nvidia’s own developments could act as catalysts for future growth. The booming AI market and strong spending plans of Nvidia’s customers also bode well for the company’s future success.

Read more at Nasdaq: Prediction: Nvidia Will Soar in the Second Half