CFRA Reiterates Buy on NVIDIA (NVDA) but Warns of Limited Upside

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Making Big Moves on Wall Street. On September 18, CFRA reiterated the stock as “Buy.” The firm said the upside is “limited” for Nvidia right now.

“Limited Upside for NVIDIA until U.S./China Trade Negotiations Improve.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $211 implies a 19.71% upside; however, the Street-high target of $389.73 implies an upside of 120.60%.

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA  and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.