News of Nvidia’s parabolic growth this year has continued to fill the financial headlines.
Barron’s , CNBC , and MarketWatch have all pumped up the AI chipmaking company.
And the stock has continued to be the frontrunner in the tech rally this year, already reaching more than 221% YTD.
That’s why top institutions like, Vanguard, Blackrock, and JP Morgan Chase currently own millions of shares, worth billions of dollars.
And many institutions project Nvidia will continue to surge even higher.
Billionaire hedge fund manager, Stan Druckenmiller says he sees himself owning Nvidia for two to three more years.
In July, Citigroup’s Atif Malik wrote that Nvidia is “poised to continue smoking the competition as it dominates the AI market.”
Saying “don’t expect Nvidia’s rally to lose steam” anytime soon.
That’s why the former Bank of America analyst boosted his price target on the company from $420 to $520.
What’s more is Malik sees a clear “pathway to an incredible $600 per share in a more bullish scenario.”
And other +$600 targets are already coming in.
Ben Reitzes, from Melius Research initiated coverage of the stock with a buy rating and a $625 price target.
With an all-time gain of 56,019% in 24 years , Nvidia is certainly one of the stock market success stories of the last few years.
It proves why AI has been called the biggest new industry of the 21st century. And could be worth a staggering $80 trillion over the next ten years.
And Chief Investment Strategist Adam O’Dell saw it coming a long time ago.
In fact, Adam labeled the fastest-growing sector of the artificial intelligence industry as “x.AI” a whole 15 months before Elon Musk announced his newest AI-based company by the same name.
Who knows, with Adam’s help, you could have the shot at investing early in the next Nvidia.
It’s possible.
Because just like Nvidia…
Each of these small stocks could quickly become big time players in the AI arena…
And each one is rated strongly bullish.
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