Bernstein: NVIDIA Remains a Must-Have in Portfolios Despite Tech Sell-Off
Bernstein analysts continue to view NVIDIA (NVDA) as a must-have stock in portfolios despite the recent selling pressure on technology shares. The firm maintains its positive outlook on NVIDIA due to its strong position and growth potential in the artificial intelligence space.
Analysts expect a significant increase in NVIDIA's revenue driven by rising demand for its AI chips. The company's leadership in the data center segment and new product launches are cited as supporting this growth.
Bernstein believes NVIDIA's current market valuation reflects the company's future earnings potential and presents an attractive opportunity for investors. It emphasizes that the broader sell-off in the technology sector is temporary and does not undermine NVIDIA's long-term growth story.
The firm maintains an 'Buy' rating on NVIDIA shares with a price target of $175, implying approximately 20% upside from current levels.
This is not investment advice.
📊 NVDA — Piyasa Yorumu
■ neutral · 60%The news headline presents a positive fundamental outlook as Bernstein describes NVIDIA as a must-have in portfolios. However, technical indicators suggest the stock is weak in the short term: the RSI is near oversold territory at 31, the MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. The 2.1% decline in the last 24 hours indicates continued selling pressure. Therefore, while positive news could trigger a short-term recovery, direction uncertainty persists due to technical weakness.
RSI 14
31.2
MACD
-2.08
24h Δ
-2.14%
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