Is It Finally Time to Take Profits and Sell Nvidia Stock?

By Parkev Tatevosian, CFA – Apr 13, 2024 at 6:37AM

NASDAQ: NVDA

Nvidia

Market Cap

$2,194B

Today's Change

(0.03%) $0.22

Current Price

$877.57

Price as of April 29, 2024, 4:00 p.m. ET

Nvidia stock has soared following the growing effectiveness of artificial intelligence.

Fool.com contributor Parkev Tatevosian answers whether investors should sell Nvidia (NVDA 0.03%) stock to take profits.

*Stock prices used were the afternoon prices of April 10, 2024. The video was published on April 12, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian 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.