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1 Green Flag and 1 Red Flag for Nvidia Stock

1 Green Flag and 1 Red Flag for Nvidia Stock

Nvidia (NASDAQ: NVDA) is spearheading the artificial intelligence (AI) revolution. If you're thinking about buying Nvidia stock or already own it in your portfolio, read on for a look at one green flag and one red flag that could impact the company's share price going forward. After beating performance targets in the first quarter, Nvidia expects to grow sales by 53% on a sequential basis in the current quarterly period to reach revenue of $11 billion.