By Omor Ibne Ehsan
Publication Date: 2026-01-20 17:03:00
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There has been a loss of momentum for Nvidia (NASDAQ:NVDA) in recent months, which has been the case for many other stocks leading the AI rally. Investors are using that as an excuse to move into other names in the stock market, but is that really a smart idea today?
NVDA stock trades at $180 as of this writing. Shares have been lingering in the $180 range since August. One would expect a lot more action from the supposedly best AI bet.
The anemic price action can mostly be traced back to the anxiety investors have about the “AI bubble” potentially bursting this year. Nvidia is an easy target for the bears after all. However, bulls expect the price action to speed up in the coming months through next year. Financials are still healthy, and Wall Street can’t keep underpaying if earnings keep climbing. Could this take NVDA stock above $300 this year, or should you buy Broadcom (NASDAQ:AVGO) instead?
AVGO stock has been hotter…