Bank of America Doubles Down on NVDA Stock as ‘Best of Breed’
$Bank of America(BAC.US$ reiterated its “buy” rating for $NVIDIA(NVDA.US$ shares. The firm also has a $150 price target set for NVDA stock.
Here’s what Bank of America has to say about Nvidia as it adds the company’s shares to its Best of Breed list today:
“BoB [best-of-breed] stocks have strong management, balance sheets, EPS growth, cash flow; the highest quality companies generate the best relative returns long term and protect against volatility short term.”
“BoB [best-of-breed] stocks have strong management, balance sheets, EPS growth, cash flow; the highest quality companies generate the best relative returns long term and protect against volatility short term.”
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