Caitlin Clark of the Stock Market

April 12, 2024

If you were a betting person, you'd probably feel pretty good about placing a bet on Iowa basketball phenom Caitlin Clark.

We feel the same about NVDA.

NVDA closed at a high of $950 in March but has since pulled back and appears to be forming a new base.

So -- what does LikeFolio data say? Room for upside from here?


These 3 charts show why we are so confident:

  • Mention buzz continues to rise, up +17% YoY.
  • NDVA sentiment levels have steadily marched higher even as volume has doubled. This is rare to see -- typically as volume increases, so does criticism.
  • Web visits confirm outperformance vs. peers and continued interest from consumers.

Nvidia is also benefitting from nearly every major macro trend on our radar right now: AI, autonomous driving, crypto interest, etc.

We certainly aren't betting against it.

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