Oppenheimer Names NVIDIA (NVDA) a Top AI Pick Amid Long-Term Structural Growth

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks You Should Not Ignore. One of the biggest analyst calls on Monday, September 15, was for Nvidia. Oppenheimer reiterated the stock as “Outperform,” stating that the stock remains a top pick.

“We favor structural growth for long-term outperformance. Our top picks are AI-heavy NVDA, AVGO, MRVL, and MPWR.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $212 implies a 19.87% upside; however, the Street-high target of $389.7 implies an upside of 119.8%.

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

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.