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Analysts Sound Warning Bells for Nvidia Stock Amid Ongoing Rally

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NVDA
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Nvidia's stock is seen as overvalued by several analysts, despite its recent surge. The company's stock price has risen by over 50% in the past year, but some analysts think it may be due for a correction.

One analyst believes that Nvidia's valuation is 'unsustainable' and predicts that the stock could drop by as much as 20%. Another analyst thinks that Nvidia's strong earnings will help the company overcome any short-term volatility in the market.

Meanwhile, SpaceX has been named as one of the top tech companies to watch this year. The company is expected to launch several high-profile missions in the coming months and may be worth keeping an eye on for potential investment opportunities.

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