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Nvidia's (NVDA.US) AI dominance is solid, Bank of America optimistically predicts that the stock price can rise by another 40%

Bank of America raised its forecast for Nvidia (NVDA.US) earnings per share in the next few years due to the company's 80% to 85% market share in the $400 billion addressable market. Bank of America reiterated its "buy" rating on Nvidia and raised its price target to $190 from $165, nearly 40% above current levels.

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    • daz999999999daz999999999
      ·01-03

      Daily Scoop🍨: Nvidia (NVDA) Is Stock Of The Decade 🚀🔥💪

      $NVIDIA(NVDA)$   According to Phil Panaro, a former senior advisor at Boston Consulting Group, Nvidia's (NVDA) stock price could reach $800 by 2030. Panaro believes that Nvidia's stock could increase by 545% by the end of the decade. Not to sound overconfident — it's actually inevitable provided that they can continue to make these chips," he later added of the firm's upside potential. "The AI penetration in the economy right now is literally less than 1%. So you still have all the corporates, the cities, the municipalities, the governments, the military, that are going to be spending money to make sure they leverage AI effectively. So tons of money still to be spent." Some strategists have been skeptical over N
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      Daily Scoop🍨: Nvidia (NVDA) Is Stock Of The Decade 🚀🔥💪
    • BarcodeBarcode
      ·2024-11-02
      $NVIDIA Corp(NVDA)$ $Sherwin-Williams(SHW)$ 🅱️🆄🅻🅻🅸🆂🅷  🚨🗞️🗞️📰🚨📰🗞️🗞️🚨📰🗞️🗞️📰🗞️🗞️🗞️🗞️📰🚨📰🗞️🗞️🚨 I opened further positions in NVDA on the back of the news! Caught the huge green candle up for the ride! 🟢🟢🟢🔥🔥🔥 Nvidia $NVDA and Sherwin-Williams $SHW are to join the DOW Jones Industrial Average. Sherwin Williams $SHW will be replacing $DOW in the Dow Jones! The changes will take place on November 8th.  Nvidia just added $100 BILLION of market cap just on the announcement it will be joining the Dow Jones Industrial Average. @Tiger_comments @TigerWire
      看14.43K回复28
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    • daz999999999daz999999999
      ·01-03

      Daily Scoop🍨: Nvidia (NVDA) Is Stock Of The Decade 🚀🔥💪

      $NVIDIA(NVDA)$   According to Phil Panaro, a former senior advisor at Boston Consulting Group, Nvidia's (NVDA) stock price could reach $800 by 2030. Panaro believes that Nvidia's stock could increase by 545% by the end of the decade. Not to sound overconfident — it's actually inevitable provided that they can continue to make these chips," he later added of the firm's upside potential. "The AI penetration in the economy right now is literally less than 1%. So you still have all the corporates, the cities, the municipalities, the governments, the military, that are going to be spending money to make sure they leverage AI effectively. So tons of money still to be spent." Some strategists have been skeptical over N
      看502回复Comment
      点赞1
      编组 21备份 2Share
      Report
      Daily Scoop🍨: Nvidia (NVDA) Is Stock Of The Decade 🚀🔥💪
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