Why Nvidia Stock Bounced Back on Thursday
Bouncing back from a two-day sell-off, shares of semiconductor star Nvidia (NASDAQ: NVDA) had booked a 2.2% gain through 11 a.m. ET Thursday.
Declaring Nvidia its "top compute pick" in 2022, Bank of America doubled down on its buy rating on Nvidia stock. Its $375 price target forecasts a 33% run-up for Nvidia shares this year, on top of the more than 100% gain they scored last year.
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Source Fool.com
