_goldman-sachs-bullish-on-nvidia-stock-forecasts-22-surge.jpg "Goldman Sachs Bullish on Nvidia Stock, Forecasts 22% Surge from zscaler price Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 1.3M times
✓ Published: 09-May-2024
👁 View: 1.3M times
✓ Published: 09-May-2024
Description:
Goldman Sachs predicts Nvidia stock will surge another 22% as it believes it is still undervalued compared to its peers. Despite nearly doubling this year, Nvidia's valuation is still relatively cheap, given its fast growth rate. Goldman was encouraged by comments from major tech companies that they will increase spending on AI infrastructure in 2025 following elevated investment in 2024. Goldman raised its price target for Nvidia stock to $1100, representing 22% upside from current levels.
Goldman Sachs predicts Nvidia stock will surge another 22% as it believes it is still undervalued compared to its peers. Despite nearly doubling this year, Nvidia's valuation is still relatively cheap, given its fast growth rate. Goldman was encouraged by comments from major tech companies that they will increase spending on AI infrastructure in 2025 following elevated investment in 2024. Goldman raised its price target for Nvidia stock to $1100, representing 22% upside from current levels.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_bp-set-to-report-lower-profits-and-revenue-as-the-oil-price-weakens.webp "BP is expected to announce slowing profits and revenues for the first quarter of 2024, as it wrestles with lower oil prices and weaker refining margins than this time last year.")
_all-new-2024-maruti-suzuki-swift-walkaround-video-price-details-design-features-amp-more.webp "Here is a walkaround video of the all-new 2024 Maruti Suzuki Swift hatchback, where we will share important highlights of the model including its price, variants, features, and a lot more.<br/>~PR.156~ED.70~CA.156~##~")
⏲ 4:27 👁 490K
_credit-card-data-reveals-strong-spending-on-travel-and-experiences-as-big-ticket-home-purchases-and-discretionary-spendi.webp "Credit card data shows spending has remained relatively strong, but price sensitivity is rising, especially among lower-income consumers. Travel and experiences continue to see solid demand, but big-ticket home purchases have weakened amid economic uncertainty. Restaurant traffic has struggled as consumers dine out less frequently, citing affordability concerns. Discretionary purchases are under pressure as inflation squeezes budgets and consumers prioritize essentials over items like apparel.")
_disney-and-warner-bros-discovery-unveil-streaming-bundle.webp "Disney and Warner Bros. Discovery are teaming up to offer their streaming services Disney+, Hulu, and Max in a bundled package similar to traditional cable TV bundles. The bundle will be available this summer but pricing has not yet been disclosed, though it is expected to be offered at a discount. Disney will act as the distributor, collecting subscription fees and paying Warner Bros. Discovery a percentage. It is the latest partnership between the two media giants after joining with Fox to offer a sports streaming bundle launching this fall.")
_record-high-fuel-prices-continue-to-compound-cost-of-living-struggles.webp "The NRMA says Australian drivers have been paying record-high prices for fuel this year, and it is starting to take a toll on families already struggling with the rising cost of living.")
_10-energy-saving-tips-for-your-home-124-the-money-edit.webp "1. TURN OFF STANDBY APPLIANCES<br/>Your devices might still be using small amounts of power. Even if they’re on standby mode.<br/><br/>2. DON’T BE SO HOT<br/>Turn your thermostat down. We get it, it’s nice to be toasty. But turning your heating down by just one degree could lower your bill.")
_palantir-stock-plummets-15-as-first-quarter-earnings-disappoint-investors.webp "Palantir's stock has risen significantly in the past year, but its first-quarter earnings did not meet investors' expectations, causing a 15% drop in stock price. However, analyst Daniel Ives sees this as a good opportunity to invest in Palantir's AI platform, which is performing well. With a growing client base and shorter sales cycles, Palantir is expected to continue its growth trajectory. Ives has given the company an Outperform rating and a $35 price target, while other colleagues have a more cautious outlook.")
_european-companies-in-china-feel-the-squeeze-as-economic-growth-slows-down.webp "European companies operating in China face increasing pressure as China's economic growth slows down and overcapacity issues rise. Profits margins for European firms in China are at an 8-year low, with only 30% reporting higher profits than their global average. The slowing real estate sector and geopolitical tensions have contributed to China's economic downturn. Overcapacity is a major issue, especially in industries like construction, automotive, and engineering. It has led to price drops. Getting paid on time by Chinese clients is also a growing challenge as it became more difficult to enforce contracts versus the prior year.")
_bp-set-to-report-lower-profits-and-revenue-as-the-oil-price-weakens.jpg)
_all-new-2024-maruti-suzuki-swift-walkaround-video-price-details-design-features-amp-more.jpg)
_credit-card-data-reveals-strong-spending-on-travel-and-experiences-as-big-ticket-home-purchases-and-discretionary-spendi.jpg)
_disney-and-warner-bros-discovery-unveil-streaming-bundle.jpg)
_record-high-fuel-prices-continue-to-compound-cost-of-living-struggles.jpg)
_10-energy-saving-tips-for-your-home-124-the-money-edit.jpg)
_palantir-stock-plummets-15-as-first-quarter-earnings-disappoint-investors.jpg)
_european-companies-in-china-feel-the-squeeze-as-economic-growth-slows-down.jpg)
![[+]](/images/menu.gif){kind=small}