Nvidia (NVDA) Trend Setter & Best Positioned I…

2023/5/24

Nvidia (NVDA) Trend Setter & Best Positioned In A.I.

Nvidia (NVDA) is of the best-positioned semiconductor companies in generative A.I., according to Keybanc. Alex Coffey and Jenny Horne discuss NVDA as Keybanc raised its price target to $375 from $320 and keeps its overweight rating. They talk about how NVDA is up over 110% year-to-date. They note that NVDA is able to keep up really well with market and tech trends. They then preview NVDA’s upcoming earnings. Alex then demonstrates an example trade using NVDA. The trade type is a skewed put butterfly and the direction is neutral to bullish. Tune in to find out more about the stock market today.

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