My Nvidia Stock Prediction for 2024

By Parkev Tatevosian, CFA – Apr 21, 2024 at 12:31PM

NASDAQ: NVDA

Nvidia

Market Cap

$2,145B

Today's Change

(2.49%) $21.36

Current Price

$879.53

Price as of May 3, 2024, 11:00 a.m. ET

AI stocks are losing momentum after the scorching-hot performance to begin 2024.

Fool.com contributor Parkev Tatevosian updates his stock price forecast for Nvidia (NVDA 2.49%).

*Stock prices used were the afternoon prices of April 18, 2024. The video was published on April 20, 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.