NASDAQ shares of NVIDIA, the world's graphics giant, are down nearly 20% this month. NVIDIA, which made good profits for its investors in March, took back the gains with this price drop. However, NVIDIA has been growing steadily over the years. That's why this price drop makes investors hungry. Investors who think that the price of the stock is cheap at the moment show interest in NVIDIA shares.
Can Nvidia Continue to Grow?
Analysts think that Nvidia will close the 2023 fiscal year with 30% growth. Therefore, investors who want to buy this rapidly growing technology stock can take advantage of the price drop to fill their wallets with more shares.