Nvidia (NVDA) Still a Top 5 Tech Stock? Here's What Goldman Sachs Says
Entering 2025, the US stock market had high hopes, specifically around a budding technology sector. However, with geopolitical uncertainty and economic fragility ruling the day, things have not gone as planned. So, with the recent decline that has affected companies like Nvidia (NVDA), is the AI chipmaker still a top 5 tech stock, according to Goldman Sachs? The company was among the most dominant in 2024, increasing in value by more than 170% before the year came to an end. Moreover, its necessity amid the growing AI industry has led many to believe that it is just the beginning. That has not saved it from massive sell-offs that have taken place this year, leaving many traders worried about the future of the company’s stock. Source: Mint Also Read: Nvidia (NVDA) Projected to Hit $1T in Revenue as Stock Looks Unstoppable Nvidia Falls Yet Again: Is It Still a Top 5 Tech Stock in 2025? Despite its incredible performance last year, Nvidia has struggled over the last two months. Early...