Nvidia TriumphantĬloud stocks like Nvidia appear invulnerable to the novel coronavirus because the cloud continues to prove its worth. So with all of that in mind, let’s take a closer look at NVDA stock. Additionally, our Matt McCall also calls NVDA stock a “buy.” I even have some shares in my own retirement account. The Nvidia bulls at Piper Sandler just raised their target on Nvidia to $350, based on the completion of its Mellanox acquisition. The stock also sits well above its one-year price target of $300 per share. Moreover, its market cap is now over $183 billion, and the price-earnings ratio of 66. Nvidia was due to open for trade May 8 at $307.75, just $8 per share from its all-time high of February.
0 Comments
Leave a Reply. |