Analyst Reiterates Buy on Nvidia (NVDA): ‘Best Positioned in AI’

We recently published a list of 10 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other best AI stocks on latest news and ratings.

Analyst Reiterates Buy on Nvidia (NVDA): ‘Best Positioned in AI’

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NVIDIA Corporation specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. One of the most notable analyst calls on Thursday, May 22, was for Nvidia Corporation. Oppenheimer reiterates the stock as “Outperform” with a $175 price target. The firm said it’s bullish on the stock ahead of earnings next week.

“NVDA remains best positioned in AI, in our view, benefiting from full-stack AI hardware/software and unique rack-level approach. Reiterate Outperform and $175 target.”

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This article is originally published at Insider Monkey.