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Nvidia stock controls the next move for the stock market. Let's break it down.
The fate of the stock market relies on Nvidia (NVDA 6.18%) earnings this week. In the video below, Fool.com contributor and 25-year stock market veteran Eric Cuka breaks down NVDA stock and provides price targets, valuation metrics, predictions, technical analysis, commentary, and more.
*Stock prices used were the morning prices of Aug. 21, 2023. The video was published on Aug. 21, 2023.
Eric Cuka has positions in Advanced Micro Devices, Invesco Qqq Trust, Series 1, Nvidia, and Vanguard S&P 500 ETF. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Vanguard S&P 500 ETF. The Motley Fool has a disclosure policy.
Eric is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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