This Growth Stock Is A Buy On Every Dip

| January 20, 2022

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Investors in the artificial intelligence (AI) and chip darling Nvidia (NASDAQ:NVDA) stock saw mouth-watering returns in 2021.

Over the past 12 months, NVDA stock has returned around 82%. By comparison, the PHLX Semiconductor Sector Index returned a little more than 18%.

In November 2021, Nvidia shares hit a record high of $346.47. Yet, since then, it has come under pressure, and currently hovers around $250—down about 14% year-to-date (YTD).

Despite the recent slide in price, buy-and-hold investors with two- to three-year horizons could consider investing in NVDA stock now.

Here’s why and a potential options trade for you to consider.

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