
Nvidia just cleared a major milestone.
On Tuesday, Nvidia stock fully recovered from the $589 billion DeepSeek sell-off that rocked the market in early January.
The stock has soared +20% in February alone.
All eyes are now on next week’s earnings report.
In a new note to clients, Bank of America said the stock could see sharp swings post-earnings.
They expect Nvidia’s transition to its next-gen Blackwell GPUs to weigh on Q1 performance, leading to a weak outlook.
But the bank remains bullish.
Click here to discover “the next Nvidia.”
As they explained…
“We expect positive momentum to resume as investors look forward to NVDA’s leading new product pipeline (GB300, Rubin) and TAM expansion into robotics and quantum technologies at the upcoming GTC conference (Mar, 17).”
Bank of America has a price target of $190 for Nvidia.
This suggests a 35% upside.
I personally think Nvidia stock continues to be a great profit opportunity for 2025.
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