TECH - Nvidia Set For Another 100% Rally Before Year-End Says Fund Manager: 'They've Got 80 Yards Of A Clear Turf…Nobody's Catching Up To Them' | Benzinga
Nvidia Corp. (NASDAQ:NVDA) roared back up strongly on Tuesday after a three-session sell-off that took it to as low as $118.04 and a fund manager said the stock trajectory will likely be up and onward.
Huge Rally Ahead? Nvidia is going to rise to $250 per share, with its market cap hitting $6 trillion, by the end of the year, said EMJ Capital founder Eric Jackson in an interview with CNBC. The stock ended Tuesday’s session up 6.76% at $126.09, according to Benzinga Pro data, giving it a valuation of $3.10 trillion.
Here's why EMJ Capital's @ericjackson predicts will be a $6T company by the end of the year at $250 a share: pic.twitter.com/ccPYEzN1qb — CNBC's Closing Bell (@CNBCClosingBell) June 25, 2024
The rally will pick up pace as people start to look forward to what Nvidia will be doing in 2025, ...