Nvidia called a 'top compute pick' after CFO call at BofA

2022-01-07

Why are you weak people so financially dumb? All is good. Nvidia is a 'top compute pick' according to BafA. Just buy and hold Nvidia for the long run. Buy and hold! Do you compute?

NVDA BofA analyst Vivek Arya reiterates a Buy rating on Nvidia with a $375 price target after hosting an investor call with the company's CFO, Colette Kress. The analyst "heard confidence around momentum" heading into 2022 across gaming, data center and "nascent omniverse/autos opportunities." Capacity remains a bottleneck, with demand outpacing supply throughout 2021, especially in gaming, though management noted they are working hard on securing supply and they expect constraints to ease in the second half of 2022,

Arya tells investors in a research note. The analyst calls Nvidia a "top compute pick" and continues to believe the company is best positioned to "address several of the most important, multi-decade secular growth opportunities."$NVIDIA Corp(NVDA)$

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