Nvidia stock is a ‘table-pounding buy,' according to analyst

As Nvidia‘s (NASDAQ: NVDA) Q2 earnings report on August 28 is fast approaching, analysts from Bank of America have labeled NVDA stock as a “table-pounding buy.”’Analyst Alexander Perry noted on August 24 that Nvidia’s share price rose 964% from October 2022 to July 2024, still trading within its historical valuation range. He added that it “may have more room to run, but too narrow of a focus on Nvidia, or even semis more broadly, will miss the bigger picture.” According to Perry, any potential market pullb ...