Expect Nvidia Stock to Make a Comeback
The stock is down 21% so far after a 125% jump last year, but it could rebound
Investors should be happy with Nvidia Corp. (NVDA). The chip design company decided in February to cancel its dilutive merger with ARM Ltd from Softbank. That will allow shareholders to not be diluted by the extra shares for ARM Ltd. That could help NVDA stock rise, assuming the company’s growth stays on track.