From Nasdaq: 2024-11-09 07:15:00

Nvidia, a leader in AI investing, is set to report earnings on Nov. 20. Last year, it saw a 206% revenue growth, but this year it’s expected to post 80%. Margin expansion has been a key factor in its rise, but a slight decline in margins could be a concern.

Investors are watching Nvidia’s upcoming earnings closely, as the company needs to maintain its margins to justify its high valuation. The stock needs to beat expectations on revenue growth and profit levels to see a positive post-earnings trend. Analysts recommend caution when considering investing in Nvidia at this time.



Read more at Nasdaq: Should You Buy Nvidia Stock Before Nov. 20?