D.A. Davidson added NVIDIA to its list of top stock picks on Monday.
The firm's technology research director, Gil Luria, also assigned a Buy rating to the stock. His price target of $300 implies an approximate 42% upside from Friday's closing price.
In a report to clients announcing NVIDIA's inclusion on the so-called "Best Ideas" list, Luria stated that NVIDIA possesses "best-in-class margins" and "durable competitive advantages."
NVIDIA's stock rose about 6% on Monday. The chipmaker has gained 20% year-to-date in 2026.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments