Wall Street is Pounding the Table Over Carvana, Nvidia and Five Below

Group 1: Carvana - Carvana (NYSE: CVNA) will be added to the S&P 500 on December 22, prompting Bank of America to reiterate a buy rating with a price target of $485 per share [2][6] - The stock price recently increased from approximately $400 to $433, likely due to the upcoming S&P 500 inclusion [2] - Other companies being added to the S&P 500 include Comfort Systems (FIX), Mohawk Industries (MHK), Pinterest (PINS), Dycom Industries (DY), and Marriott Vacations (VAC) [3] Group 2: Nvidia - Analysts at Bernstein reiterated an outperform rating on Nvidia (NASDAQ: NVDA), highlighting significant opportunities in data centers driven by artificial intelligence demand [4][6] - There are currently about 3,000 data centers in the U.S., with a projected need for $5.2 trillion in AI infrastructure investments by 2030 [4] - Demand for AI-ready data center capacity is expected to grow at an average rate of 33% annually from 2023 to 2030 [5] Group 3: Five Below - Truist upgraded Five Below (NASDAQ: FIVE) to a buy rating, citing Unicorn-like growth potential with a price target of $216 per share [6][8] Group 4: AI Market Forecast - Forecasts estimate AI's market value to range between $1.7 trillion and $3.5 trillion by the early 2030s, with aggressive estimates exceeding $7 trillion by 2035 [7] - The surge in corporate investment suggests the market is trending towards the higher end of these projections [7]