_why-boa-remains-bullish-on-nvidia-despite-recent-stock-sell-off.jpg "Why BoA Remains Bullish on Nvidia Despite Recent Stock Sell-Off from bank of america broadway sac Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 685K times
✓ Published: 12-Apr-2024
👁 View: 685K times
✓ Published: 12-Apr-2024
Description:
Nvidia stock has fallen over 10% from its late March highs, correcting lower after a strong runup. Bank of America analysts say the recent sell-off doesn't change their bullish narrative on Nvidia. The firm remains confident in Nvidia's ability to maintain and gain market share in the AI chip space. BofA maintains its $1,100 price target, implying a 26% upside from current levels. Inflation, competition, volatility, and earnings season trimming drove the decline. Google and Intel's new chips pose a limited threat to Nvidia's dominance, in their view.
Nvidia stock has fallen over 10% from its late March highs, correcting lower after a strong runup. Bank of America analysts say the recent sell-off doesn't change their bullish narrative on Nvidia. The firm remains confident in Nvidia's ability to maintain and gain market share in the AI chip space. BofA maintains its $1,100 price target, implying a 26% upside from current levels. Inflation, competition, volatility, and earnings season trimming drove the decline. Google and Intel's new chips pose a limited threat to Nvidia's dominance, in their view.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_new-uk-banknotes-with-king-charles-iii-effigy.webp "The new banknotes will begin circulation in the United Kingdom on June 5, 2024.")
_peter-dinklage-is-set-to-voice-dr-dillamond-in-the-upcoming-big-screen-adaptation-of-39wicked39.webp "Peter Dinklage has a small voice part in the upcoming 'Wicked' movie.")
⏲ 1:46 👁 55K
_ppn-world-news-headlines-13-apr-2024.webp "• Seven dead after Sydney knife attack • Middle East heats up")
_may-bank-holidays-best-times-for-travel-and-vehicle-checklist.webp "The AA also say the most accidents on the roads happen in the afternoon so an earlier set off time is advised.")
_may-bank-holidays-how-many-will-there-be-and-early-weather-predictions.webp "Last year, Britons rejoiced as the coronation of King Charles III meant one more bank holiday in May but now we’re back to the standard two.")
_ai-girl-teach-how-to-set-up-a-paypal-account-easily-and-quickly.webp "AI Girl Teach How to Set Up a PayPal Account Easily and Quickly #PayPal #Setup #Guide #OnlinePayments #StepByStep #SecurePayments #Onlineshopping #createpaypalaccount <br/><br/>How I Create This Video : <br/><br/> • AI Video Generator: Deepfake Yoursel...<br/><br/>In this video, we're going to show you how to set up a PayPal account quickly and easily.<br/><br/>PayPal is a great way to simplify online payments and is one of the most popular ways to pay online. In this video, we'll show you how to set up a PayPal account in just a few steps, and make your first payment so you can start shopping and making payments with ease!<br/><br/>Creating a PayPal account is a simple process that can be completed in just a few minutes. With a few clicks you can be set up with a secure and convenient way to make payments online. In this guide, we will walk you through the steps to create your very first PayPal account. We'll explain how to add your bank account and payment details, how to make payments securely, and how to set up additional features for extra security. So, let's get started - follow these easy steps and you'll have your PayPal account set up in no time!<br/><br/>Setting up a PayPal account is a simple and straightforward process. Here's a step-by-step guide on how to set up your account easily and quickly:<br/><br/>Step 1: Go to the PayPal website<br/><br/>To start the process, visit the PayPal website at www.paypal.com and click on the \")
_15-best-places-to-visit-in-london-sightseeing-in-london.webp "1-The British Museum: Explore its vast collection of art and artifacts spanning centuries and civilizations.<br/><br/>2-Tower of London: Discover the history of this iconic fortress, home to the Crown Jewels and famous for its storied past.<br/><br/>3-Buckingham Palace: Witness the Changing of the Guard ceremony and admire the grandeur of the official residence of the British monarch.<br/><br/>4-Westminster Abbey: Marvel at the stunning Gothic architecture and visit the final resting place of many notable figures in British history.<br/><br/>5-The Houses of Parliament and Big Ben: Take a tour of the iconic seat of British democracy and snap photos of the famous clock tower.<br/><br/>6-The London Eye: Enjoy panoramic views of the city skyline from this giant Ferris wheel on the South Bank of the River Thames.<br/><br/>7-Tate Modern: Immerse yourself in contemporary art at this renowned museum housed in a former power station.<br/><br/>8-The National Gallery: Admire masterpieces by artists such as Leonardo da Vinci, Vincent van Gogh, and Rembrandt in this world-class art museum.<br/><br/>9-Covent Garden: Wander through its bustling market stalls, street performers, and charming shops and cafes.<br/><br/>10-The West End: Catch a world-class theater production or musical in London's famous theater district.<br/><br/>11-The Shard: Take in breathtaking views of London from the observation deck of Western Europe's tallest building.<br/><br/>12-St. Paul's Cathedral: Climb to the top of the dome for panoramic views of London and explore the cathedral's magnificent interior.<br/><br/>13-The Victoria and Albert Museum: Discover an extensive collection of decorative arts and design spanning over 5,000 years.<br/><br/>14-The Natural History Museum: Delve into the wonders of the natural world with exhibits on dinosaurs, gemstones, and more.<br/><br/>15-Camden Market: Experience the eclectic vibe of this vibrant market known for its alternative fashion, street food, and live music.<br/>#travel")
_she-gives-them-all-the-ha-ha-ha-frank-crumit-amp-lew-brown-1920.webp "\")
_new-uk-banknotes-with-king-charles-iii-effigy.jpg)
_peter-dinklage-is-set-to-voice-dr-dillamond-in-the-upcoming-big-screen-adaptation-of-39wicked39.jpg)
_ppn-world-news-headlines-13-apr-2024.jpg)
_may-bank-holidays-best-times-for-travel-and-vehicle-checklist.jpg)
_may-bank-holidays-how-many-will-there-be-and-early-weather-predictions.jpg)
_ai-girl-teach-how-to-set-up-a-paypal-account-easily-and-quickly.jpg)
_15-best-places-to-visit-in-london-sightseeing-in-london.jpg)
_she-gives-them-all-the-ha-ha-ha-frank-crumit-amp-lew-brown-1920.jpg)
![[+]](/images/menu.gif){kind=small}