Potential buying opportunity for Nvidia shares due to low valuation and positive earnings forecasts

From Zacks Investment Research: 2025-03-04 15:00:16

Investors have faced uncertainty with stock market correction due to tariffs, federal spending cuts, and geopolitical tensions. Despite caution, buying opportunities are emerging, particularly with Nvidia trading at a historically low valuation. The company’s forward price to earnings multiple and PEG ratio indicate a fair valuation. Analysts have raised earnings forecasts, giving Nvidia a Buy rating. Technical analysis shows Nvidia stock at a potentially advantageous buying point. While the investment is compelling, market risks remain, suggesting a phased buying approach may be wise.



Read more at Zacks Investment Research: Time to Start Buying Nvidia Shares Again? – March 4, 2025