Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Analyst Bullish on Nvidia (NVDA) Amid $10 Trillion AI Spending Opportunity, Praises ‘Godfather of AI’ Huang

We recently published a list of Top 10 AI Stocks Investors are Talking About in October. Since NVIDIA Corp (NASDAQ:NVDA) ranks 5th on the list, it deserves a deeper look.

Venu Krishna, Barclays head of U.S. equity strategy, said while talking to CNBC in a latest program that he is not revising his S&P 500 year-end projection of 5,600 because he believes stock valuations are “full.”

“If you see what’s happening, numbers (earnings)  have been cut sharply going into the end. What is still anchoring the market is big tech, even though their earnings themselves are kind of...