Why CFRA Has A Buy Rating On Nvidia (NVDA) Ahead of 1Q22 Earnings
Schwab Network
English - May 27, 2021 12:02 - 5 minutes - 25.6 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Angelo Zino breaks down Nvidia's latest price action ahead of their first quarter report. He discusses CFRA's buy rating and $630 price target on the semi stock, which he says reflects optimism surrounding data centers and gaming. CFRA also likes Nvidia's financial position, with $11.6B in cash and $6B in debt.