Nvidia Is the Hottest Stock-Split Stock on Wall Street. The Artificial Intelligence (AI) Company Could Be Worth $10 Trillion by 2030
The S 500 has rolled through 31 record highs while advancing 15% this year. Much of that upward momentum can be traced to semiconductor company Nvidia (NASDAQ: NVDA), the hottest stock-split stock on Wall Street due to its dominance in artificial intelligence (AI) infrastructure and its expanding purview across the AI economy.
Nvidia shares have surged 155% year to date, such that the chipmaker alone has contributed nearly one-third of the gains in the S 500. According to S Global analyst Howard Silverblatt, not since in the 1980s has a single company had such influence over the index.
Nvidia's market capitalization is $3.1 trillion, making it the third-largest company in the world. But I/O Fund analyst Beth Kendig thinks the chipmaker will be worth $10 trillion by 2030. That prediction implies about 220% upside, and it carries weight because Kendig has an impressive track record where Nvidia is concerned.
Source Fool.com
International Business Machines Corp Stock
With 24 Buy predictions and 1 Sell predictions International Business Machines Corp is one of the favorites of our community.
As a result the target price of 180 € shows a slightly positive potential of 10.91% compared to the current price of 162.3 € for International Business Machines Corp.
