A Processing Tip

Today’s tip is a company that makes chips for processing data, a technology that is at the core of a multitude of innovations and used across almost every industry, in a rapidly growing way.

The company we’re buying into today is Nvidia ($NVDA), whose share price is at a more than 35% discount from its highs before the correction just 7 months ago, despite a strong, broad-market rebound since the start of this year that’s seen the S&P 500 Index ($SPY) recover to pre-correction highs.

Nvidia ($NVDA) rebound lags broader market’s.

The share price of $NVDA closed on Friday, May 5th at $183.17, and we’ll be keeping an eye on its upcoming quarterly earnings report, which is expected to be released on Thursday, May 16th after market close.

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