Buy Nvidia (NVDA) Stock Because $500 Is Around the Corner, Says 5-Star Analyst

If you’re looking for a large-cap success story from this coronavirus-stained year, look no further than GPU giant Nvidia (NVDA). Driven by two segments – gaming and data center – perfectly suited to the times, investors have rewarded Nvidia with share gains of over 70% year-to-date. So, is now the time to reduce exposure to this impressive performer?Au contraire, says Rosenblatt analyst Hans Mosesmann, who argues Nvidia’s “data center and gaming tailwinds are just getting started.” The 5-star noted, “We continue to like the Nvidia story over the long-term, as we see the secular shift to data processing units …read more

Source:: Yahoo Finance