Analysts overwhelmingly give NVIDIA a buy or hold rating. A number of commentators predict a fall, others a continued rise. Dizzying heights have prompted fears in some quarters of an imminent pullback. In the last 12 months alone, NVIDIA skyrocketed by more than 230%. Over the last two years, the stock of NVIDIA rose from a low of $19.08 in January 2015 to a high of $119.93 in December 2016. The prospect of a semiconductor trade war is not presently reflected in the stock's price. and China materializes (See Seeking Alpha ' AMD: Will Trump's China Trade Policy Push The Company Back Into Losses?'), the onset of NVIDIA's retracement may be markedly sooner, and the low may be significantly lower. If a semiconductor trade war between the U.S.

That new high will then transition, over time, into a substantial retracement in or around 2018, that will lower the stock, giving the opportunity for a profitable short. (NASDAQ: NASDAQ: NVDA) will enter a lateral range for many months in 2017 before spiking higher.

Nvda stock price january 2017