Nvidia: Should You Buy the Dip?

NVDA stock drops 29%. Here are 3 reasons to buy the stock after the big plunge. [The #1 Trade for 2024 – Grab 313% - 1,355% Profits]( Warren Buffett… Jeff Bezos… Bill Gates and Sam Altman are quietly investing billions in The Oppenheimer Project. This little-known secret is critical for fueling the AI revolution. [Click here ASAP for free access – and the top 5 stock picks.]( Nvidia shares crashed 29% from recent highs. Even after the pullback – NVDA stock is up over 108% YTD. Now time to BUY Nvidia shares at a deep discount. [Go here to discover my #1 trade for 2024]( (it’s NOT Nvidia). My “ALL IN” buy alert reveals 5 hidden stocks to profit from the AI revolution. Investors who buy NVDA around $100 per share could see healthy gains in the coming months. Here’s what’s happening… Investors are rotating out of high flying AI stocks. They’ve been locking-in profits and moving cash into lower-risk stocks that have lagged the market. Additionally, on Monday there were news reports that Nvidia is delaying the release of its next generation Blackwell chip by 3-months. This chart shows the dramatic drop in Nvidia stock in the last month. Yet despite the recent decline… There are three reasons I’m confident buying Nvidia around $100 / share. [#1. Spending on AI is increasing at Alphabet, Microsoft and Meta]( The 3 “hyperscalers” spent a combined $40.5 billion on “cap-ex” in the last 3 months. A ton of that money is flowing into AI chips from Nvidia and building AI data centers. They’re not slowing down. These tech giants plan to increase spending on AI in 2025. And that spending flows directly to Nvidia. [#2. Nvidia’s growth is remarkable]( Revenues are expected to grow 98% and reach $120 billion. Meanwhile, profits could more than double this year. Nvidia is an incredible business with NET profit margins of over 50%. It’s absolutely stunning. [#3. Shares are cheap after the selloff]( Shares of Nvidia lost 1/3 of their value in a month. That means you can grab shares a big discount to the recent price. NVDA is now trading at 27x next year’s earnings estimates. That’s a premium to the S&P 500. Yet it’s cheap for the #1 AI stock that’s years ahead of the competition and growing like a weed. If you missed out on Nvidia this may be your moment to get into the stock before it’s next big move. Nvidia reports earnings on August 28. And that could be the next big catalyst for the stock. Discover my #1 trade for 2024… [The Oppenheimer Project]( The AI boom is very real. However, it requires vast amounts of energy. And it’s stressing the energy grid in America. That’s why Jeff Bezos, Bill Gates, and Warren Buffett are quietly investing in a new energy breakthrough called the Oppenheimer Project. My research has uncovered 5 hidden stocks that could jump 313% - 1,355%. [Simply click here to join my LIVE Zoom video call.]( Ian P.S. I’m going to give you the NAME and TICKER of my #1 way to profit from the Oppenheimer Project. [Simply click here.]( [Take a 7 day break from these emails]( © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by [clicking here.]( You are subscribed with the following email address: {EMAIL} [Unsubscribe from these types of emails]( [Manage your email preferences]( We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call [866-447-8625](tel:+1(866)447-8625). Wyatt Investment Research LLC 65 Railroad Street, PO Box 790 Richmond, Vermont USA 05477 ---------------------------------------------------------------