What price should I buy nvidia stock at today

Considering your interest in purchasing Nvidia (NVDA) stock, here are some factors to consider:

1. Current Price and Recent Performance: As of the latest data, Nvidia's closing price on August 28, 2024, was $124.03, with a daily percentage change of -3.33%. This indicates a recent decline in the stock price.

2. Technical Indicators: The support level for Nvidia is at $126.57, and the resistance level is at $130.33. These levels can help you gauge the stock's potential movement.

3. Analyst Ratings and Price Targets: The consensus rating for Nvidia is a "Strong Buy" with an average price target of $179.94, which suggests potential upside from the current price.
4. Fundamental Analysis: Nvidia has a high net profit margin of 57.14% and a revenue growth rate of 262.12%. These are strong indicators for a healthy company.

5. Market Sentiment: Despite the recent decline, analysts have a positive outlook, with some expecting a rebound in the short term. This could indicate a potential buying opportunity.

Given these points, if you are considering purchasing Nvidia stock, you might want to evaluate the current price in relation to the support and resistance levels. If the stock is trading close to the support level and you believe the downward pressure is temporary, this could be a potential entry point. However, it's important to consider your investment strategy, risk tolerance, and the overall market conditions before making a decision.