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The Nasdaq-100 index trades at a P/E ratio of 31.9 today, so if you believe Nvidia will trade at a market multiple over the long term, investors who buy the stock now will have to wait two years ...
While Nvidia was arguably the hottest AI stock of 2023, Palantir Technologies (NYSE: PLTR) seems to have taken the lead in this year's race. The stock price has exploded, appreciating over 235% ...
Broadcom's (NASDAQ: AVGO) shares surged by nearly 25% after the company posted an impressive financial performance for the fourth quarter of fiscal 2024 (ended Nov. 3). While Nvidia's (NASDAQ ...
Afterward, he issued a note reiterating his buy rating and $497 price target on the company's stock, which currently sits at about $430 a share. His target represents a 15% upside to the share price.
The stock finally surpassed its all-time high from 2013 this year, and with its transformation into a cloud and artificial intelligence (AI) company, investors have taken an interest. This has ...
There's one popular artificial intelligence (AI) stock that was a buy at the beginning of the year that has now moved into the sell category. That's Palantir (NASDAQ: PLTR) .
You can't go a day without hearing or reading about Nvidia.The company powering the artificial intelligence (AI) revolution now has the third-largest market cap in the world at over $2.8 trillion.
This stock has already delivered impressive gains this year, and it seems poised to fly higher after the company releases its fiscal 2024 fourth-quarter results on Thursday. Custom AI chip demand ...