Nvidia Stock Has Gone Nowhere for 6 Months. What Will It Take for Shares to Go Higher?

Nvidia Stock Has Gone Nowhere for 6 Months. What Will It Take for Shares to Go Higher?

Key PointsNvidia fiscal fourth-quarter revenue surged 73% year over year.The company's CEO recently highlighted a $1 trillion revenue forecast extending through 2027.The market's cautious approach to cyclical hardware businesses may explain the stock's recent underperformance.10 stocks we like better than Nvidia › Over the last six months, shares of artificial intelligence (AI) semiconductor designer Nvidia (NASDAQ: NVDA) have gone nowhere. In f…