{"id":116957,"date":"2024-10-22T06:00:44","date_gmt":"2024-10-21T23:00:44","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=116957"},"modified":"2024-10-22T06:00:44","modified_gmt":"2024-10-21T23:00:44","slug":"nvidia-stock-climbs-to-fresh-high-as-analysts-grow-more-bullish","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=116957","title":{"rendered":"Nvidia Stock Climbs to Fresh High as Analysts Grow More Bullish"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"mntl-sc-page_1-0\" data-sc-sticky-offset=\"80\" data-sc-ad-label-height=\"0\" data-sc-ad-track-spacing=\"90\" data-sc-min-track-height=\"250\" data-sc-max-track-height=\"600\" data-sc-breakpoint=\"50em\" data-sc-load-immediate=\"1\" data-sc-content-positions=\"[300, 1, 1, 1250, 1, 1, 1, 1]\" data-bind-scroll-on-start=\"true\">\n<div id=\"mntl-sc-block_1-0\" class=\"comp mntl-sc-block finance-sc-block-callout mntl-block\">\n<div id=\"mntl-sc-block_2-0\" class=\"comp mntl-sc-block mntl-sc-block-callout mntl-block theme-whatyouneedtoknow\" data-tracking-id=\"mntl-sc-block-callout\" data-tracking-container=\"true\">\n<h3 id=\"mntl-sc-block-callout-heading_1-0\" class=\"comp mntl-sc-block-callout-heading mntl-text-block\">Key Takeaways<\/h3>\n<div id=\"mntl-sc-block-callout-body_1-0\" class=\"comp mntl-sc-block-callout-body mntl-text-block\">\n<ul>\n<li>Nvidia shares closed at a fresh high Monday, just a week after the stock set its previous record.<\/li>\n<li>The gains came as analysts grew more bullish on stock, expecting it has further to rise.<\/li>\n<li>Bank of America raised its price target late last week, calling Nvidia a \u201ctop AI pick.\u201d<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p id=\"mntl-sc-block_3-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Nvidia (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=NVDA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">NVDA<\/a>) shares surged Monday to close at a fresh high, <a href=\"https:\/\/www.investopedia.com\/nvidia-stock-hits-record-closing-high-on-growing-optimism-about-ai-demand-8727936\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">just a week<\/a> after the company set its previous record.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_5-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The chipmaker&#8217;s stock price gained more than 4% to finish at $143.71 Monday, and has nearly tripled in value this year as\u00a0demand boomed for the company\u2019s chips\u00a0to support <a href=\"https:\/\/www.investopedia.com\/terms\/a\/artificial-intelligence-ai.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">artificial intelligence (AI)<\/a>.\n<\/p>\n<p><span class=\"heading-toc\" id=\"toc-analysts-say-nvidia-stock-still-has-room-to-rise\"\/><\/p>\n<h2 id=\"mntl-sc-block_7-0\" class=\"comp mntl-sc-block finance-sc-block-heading mntl-sc-block-heading\"> <span class=\"mntl-sc-block-heading__text\"> Analysts Say Nvidia Stock Still Has Room To Rise <\/span> <\/h2>\n<p id=\"mntl-sc-block_8-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Despite the stock&#8217;s meteoric rise, most analysts believe the stock still has further to climb. All but one of the 22 analysts covering the stock tracked by Visible Alpha had a &#8220;buy&#8221; or equivalent rating on the stock as of Monday, with a consensus price target of $154.19, up from $152.41 a week ago and implying over 7% upside from Monday&#8217;s closing price.\n<\/p>\n<p id=\"mntl-sc-block_10-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Late last week, Bank of America analysts lifted their price target for Nvidia even higher to $190 from $165, calling it a \u201ctop AI pick.\u201d<span class=\"ql-inline-citation\" data-cite=\"1\"\/> The analysts pointed to recent comments from Nvidia CEO Jensen Huang, who said that demand for the company&#8217;s Blackwell AI chips is <a href=\"https:\/\/www.investopedia.com\/nvidia-ceo-jensen-huang-says-demand-for-its-chips-is-insane-8722350\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">\u201cinsane\u201d<\/a> in an interview with <em>CNBC <\/em>earlier this month.\n<\/p>\n<figure id=\"mntl-sc-block_12-0\" class=\"comp mntl-sc-block finance-sc-block-image mntl-sc-block-universal-image mntl-sc-block-image--no-theme no-theme mntl-sc-block-image inline-image figure-landscape figure-high-res\"><figcaption id=\"mntl-figure-caption_1-0\" class=\"comp mntl-figure-caption type--mouse figure-caption figure-article-caption\"> <span class=\"figure-article-caption-owner\"><\/p>\n<p>TradingView<\/p>\n<p><\/span><br \/>\n<\/figcaption><\/figure>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.investopedia.com\/nvidia-stock-climbs-to-fresh-high-as-analysts-grow-more-bullish-8731722\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nvidia shares closed at a fresh high Monday, just a week after the stock set its previous record. The gains came as analysts grew more bullish on stock, &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=116957\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-116957","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116957"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116957\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}