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Wajeeh Khan

Why Dan Ives Says Now Is the Time to Buy the Dip on Nvidia Stock

Wedbush Securities’ famed analyst Dan Ives believes the recent weakness in Nvidia (NVDA) amid a broader artificial intelligence (AI) rout is a buying opportunity for long-term investors. He reiterated NVDA stock at “Outperform” this morning and stuck with his bullish $300 price objective, which represents potential upside of a whopping 38% from current levels.

Despite the recent selloff, Nvidia shares are up about 15% versus the start of this year.

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