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Nvidia remains a Strong Buy despite 20% stock drop and CEO controversy, with strong Q3 growth outlook.

Company Fundamentals
09 Nov 2026, 21:00 WIB
Seeking Alpha
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Bullish
Nvidia remains a Strong Buy despite 20% stock drop and CEO controversy, with strong Q3 growth outlook.

Nvidia Corporation is still considered a Strong Buy even after its stock fell 20% amid controversy involving CEO Jensen Huang. The company projects an 89% revenue increase and improved gross margins for Q3, supported by positive analyst sentiment and a history of beating earnings expectations. Nvidia's stock valuation has become more attractive with a forward P/E of 18.93, offering a good risk/reward balance. Market concerns about the CEO's personal issues are seen as exaggerated, with no impact on company or national security.

Nvidia's stock price on Pluang is currently USD 176.25 as of Nov 10, 2026 02:21 WIB, down 5.57% in one day and closer to its 52-week low of USD 165.17 than its high of USD 239.27. Despite the recent drop, the market shows a slight buying preference with 55% of orders as buys. The stock's dividend yield remains modest at 0.54%, and typical investors hold it for about 118 days on the platform.

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