How Nvidia’s stock can get back to its winning ways after an underwhelming stretch

Nvidia’s stock has barely budged this year, while other chip stocks have soared. But Morgan Stanley analysts predict that shares of the world’s largest company could soon get hot again.

Morgan Stanley analyst Joseph Moore said he’s “been somewhat surprised” by Nvidia’s

NVDA laggard status so far this year, after a weak end to last year as well. During previous bouts of underperformance, Moore said concerns around Nvidia’s business “were easier to dispute.”