Buy Nvidia Stock Ahead of Earnings with 5 Big Analyst AI Moves
Sunday, 25 August 2024, 00:29
Analysts Recommend to Buy Nvidia Stock
In recent updates, Evercore ISI analysts have strongly recommended buying Nvidia (NASDAQ:NVDA) stock ahead of the chipmaker's upcoming earnings report for the July quarter. The motivation behind this positive stance is largely due to declining concerns surrounding potential delays in production and supply chain issues.
Other Significant Analyst Moves
- Downgrade on BIDU: BIDU has faced a downgrade from several analysts based on weaker-than-expected performance metrics.
- Potential Earnings Surprises: Analysts are anticipating that Nvidia might outperform expectations, making it a hot pick in the tech sector.
Staying ahead of these trends is crucial for investors looking to optimize their portfolios.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.