Reported about 1 month ago
Nvidia's stock has surged 13% in October, contributing to a remarkable 180% year-to-date increase. Analysts are optimistic, particularly with the anticipated demand for its new AI chip, Blackwell, which could lead to significant positive results in the fourth quarter. Bank of America's Vivek Arya emphasizes that Nvidia's stock is still undervalued and presents a strong bullish case.
Source: YAHOO