_why-boa-remains-bullish-on-nvidia-despite-recent-stock-sell-off.jpg "Why BoA Remains Bullish on Nvidia Despite Recent Stock Sell-Off from online application bank account 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
_preview-song-joong-ki-eats-scraps-sleeps-in-a-toilet-stall---my-name-is-loh-kiwan---netflix-en.webp "#MyNameIsLohKiwan #SongJoongki #Kdrama<br/>Kiwan (Song Joong-ki) is aghast when he learns the next interview for his refugee application isn't until February of the following year. Until then, he must survive on the streets in a foreign land while scrounging for food in trash bins and sleeping in public restrooms .<br/><br/>MY NAME IS LOH KIWAN, coming March 1, only on Netflix.<br/><br/>Watch MY NAME IS LOH KIWAN on Netflix: https://www.netflix.com/title/81616524<br/><br/>Subscribe to Netflix K-Content: https://bit.ly/2IiIXqV<br/>Follow Netflix K-Content on Instagram, Twitter, and Tiktok: @netflixkcontent<br/><br/>#MyNameIsLohKiwan #SongJoongki #Netflix #Kdrama <br/><br/>ABOUT NETFLIX K-CONTENT<br/><br/>Netflix K-Content is the channel that takes you deeper into all types of Netflix Korean Content you LOVE. Whether you’re in the mood for some fun with the stars, want to relive your favorite moments, need help deciding what to watch next based on your personal taste, or commiserate with like-minded fans, you’re in the right place.<br/><br/>All things NETFLIX K-CONTENT.")
⏲ 4:42 👁 45K
_new-uk-banknotes-with-king-charles-iii-effigy.webp "The new banknotes will begin circulation in the United Kingdom on June 5, 2024.")
_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.")
_black-bentley-wings-identify-s-black-edition-the-darker-side-of-bentayga.webp "Bentley Motors announced the company’s most visually striking SUV to date, the Bentayga S Black Edition. Identified by the first application of black-tinted wings to a Bentley in 105 years, the S Black Edition combines vivid accent colours, rich black detailing and confidence-inspiring chassis technology, revealing the darker side of the Bentayga. <br/><br/>Customers can choose from seven accent colour specifications: Mandarin, Signal Yellow, Klein Blue, Pillar Box Red, Ice, Hyper Green, and Beluga. Each of the colours bring eye-catching yet cohesive design both inside and outside, contrasting with stealthy black treatments across the car.<br/><br/>On the exterior, the accent takes the form of a laser-like stripe on the Styling Specification body kit below the front bumper and side sills and across the top of the rear spoiler. Brake calipers are painted to match, adding a splash of colour behind 22” black-painted wheels. As per the standard Bentayga S, all exterior brightware is replaced with gloss black versions - but theS Black Edition is the first model in Bentley’s 105-year history to include the Bentley Wings and lettering in matching gloss black. The final exterior detail is a Black Edition badge located on the rear D pillar.<br/><br/>At the start of the year, a host of new features have increased the desirability of the Bentayga range even further. With the exterior of the car remaining fresh, the scope for increased personalisation has been increased with seven new satin paints, a new additional exterior colour and a new 21” wheel option in three different finishes. Priority has been given to the driver and passenger experience with new chassis technology, new electrical architecture and additional features, including a reprofiled front radiator grille. The introduction of all wheel steering at the launch of Bentayga Extended Wheelbase increased handling and manoeuvrabilitywhilst also reducing the turning circle by nearly 1m. This system is now included as standard on both the Bentayga Azure and ‘S’ V8 models.")
_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.")
_dangerous-vandalism-in-bridgnorth.webp "Underhill Street, Bridgnorth,has lost a section of its barriers alongside the footpath. Temporary barriers that bridge the gap between the drop keep getting chucked down the bank. Its right next to the bridge for the Severn Valley Railway.")
_preview-song-joong-ki-eats-scraps-sleeps-in-a-toilet-stall---my-name-is-loh-kiwan---netflix-en.jpg)
_new-uk-banknotes-with-king-charles-iii-effigy.jpg)
_may-bank-holidays-best-times-for-travel-and-vehicle-checklist.jpg)
_black-bentley-wings-identify-s-black-edition-the-darker-side-of-bentayga.jpg)
_may-bank-holidays-how-many-will-there-be-and-early-weather-predictions.jpg)
_dangerous-vandalism-in-bridgnorth.jpg)
![[+]](/images/menu.gif){kind=small}