Tag: NASDAQ:NVDA
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Nvidia Can Be THE AI Stock Market Darling: Upgrade To Buy Rating & $400 Target
Report written by Chaim Siegel of Elazar Advisors, LLC We’re moving to a Buy Rating on Nvidia. The main driver for Nvidia is Data Center. The company said on their last earnings call that Data Center should accelerate this quarter and continue to accelerate through the year. Running that through to 2024 gets me nice…
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Tuesday’s Wall Street Highlights: Goldman Sachs, Bank of America, J&J, Apple and more
Main subjects of the day US stock futures were higher in premarket Tuesday, buoyed by first quarter earnings from J&J and Bank of America, which suggested companies are doing better than feared in this challenging economic environment. At 08h12, Dow Jones futures gained 37 points, or +0.11%. S&P 500 and Nasdaq-100 futures were up 0.40% and…
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NVDA: Set for a pullback?
Nvidia Corporation (NASDAQ:NVDA) is a semiconductor company that has gained a reputation as a leader in the graphics processing unit (GPU) market. The company’s stock has been on a steady rise, with the price on a rampage in March 2023 on the back of all the AI euphoria. However, despite the upward trend, there are…