Recession fears punished semiconductor stocks, and none were spared, whether growth or value. An Nvidia insider also sold $36 million in stock. Read More...
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Oppenheimer Pounds the Table on Nvidia Stock
In an upbeat research note, Oppenheimer analyst Rick Schafer laid out the bull case for buying Nvidia (NVDA) stock — why he rates it “outperform” and expects Nvidia shares to nearly double to $300 over the next 12 months. (To watch Schafer’s track record, click here) As Schafer tells it, Nvidia’s software and chips have made the company essential to the “AI ecosystem,” giving Nvidia management “unique visibility as they develop products in lockstep with cloud hyperscale customers.” The company’
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