Has The Time Arrived to Buy This Blue Chip Stock-NVDA

Acrobull UK Advisory Services Ltd.

December 18			2024
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
NVIDIA Corp.	NVDA-NASDAQ	Semiconductor		$3.193 Trillion	Low

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking.

Recent Highlights

Bull Case- The company has reported very good financial results in the last quarter of 2024 and is expected to continue the momentum, hence customers looking for long term investment with AI boom in mind may choose to invest and hold the stock for long term.

Third Quarter 2024 Financial Highlights

Third-quarter revenue was a record $30.8 billion, up 17% from the previous quarter and up 112% from a year ago.
Announced the availability of NVIDIA Hopper H200-powered instances in several cloud services, including AWS, CoreWeave and Microsoft Azure, with Google Cloud and Oracle Cloud Infrastructure coming soon.
Launched Denmark’s largest sovereign AI supercomputer, an NVIDIA® DGX SuperPOD™ driven by 1,528 NVIDIA H100 Tensor Core GPUs and interconnected using NVIDIA Quantum-2 InfiniBand networking.
Introduced the NVIDIA AI Aerial platform for telecommunications providers and began working with T-Mobile, Ericsson and Nokia to accelerate the commercialization of AI-RAN.
Announced that SoftBank Corp. is building Japan’s most powerful AI supercomputer with the NVIDIA Blackwell platform and has successfully piloted the world’s first combined AI and 5G telecom network using NVIDIA AI Aerial.

Stock Observation- The company has reported very good financial results in the last quarter and is poised to report better financial results in the next quarter. Given the strong momentum towards the company stock, it will be likely that the company will continue to deliver the highest performance.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy Rating for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$130.39 USD
Acrobull Recommendation	Buy
Target Price	Target $143.25 USD
RSI Level	14 Day RSI 71
Total Shares Outstanding	24.49 Billion
Shares held by Insiders Risk Factor Stop Loss	4.29% Medium 5%