On Monday, Nvidia Corp NVDA briefly claimed the title of the most valuable company globally, surpassing Apple Inc AAPL in market value. Nvidia’s stock surge pushed its market cap to $3.38 trillion, edging past Apple’s $3.35 trillion, CNBC Article Source https://www.benzinga.com/news/24/11/41751557/nvidia-takes-short-lived-lead-over-apple-in-valuation
Nvidia stock has surged 170% this year, becoming the largest company in the world. Despite this, Bank of America believes the stock still presents a good investment opportunity, with any decline seen as a chance to buy more. Analyst Vivek Arya outlined five reasons why investors should remain bullish on the chipmaker driving the artificial … Read more
Bank of America equity analyst Vivek Arya remains optimistic about Nvidia Corp., even as the chipmaker becomes the largest company in the world, surpassing Microsoft Corp. Arya believes any short-term volatility due to Nvidia’s recent rise will be short-lived, citing the company’s strong fundamentals, attractive valuations, and several growth factors. One key factor is the … Read more