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"Is the "AI tailwind" not over yet? Morgan Stanley selects its favorite for next year: NVIDIA can rise another 23%!"
① Morgan Stanley has rated NVIDIA as the "preferred stock" for 2025, as its Blackwell chip series is expected to be a strong "tailwind," with a target price of $166, which is an increase of approximately 23% from the current level. ② NVIDIA is expected to launch the Blackwell chip in early 2025, and Morgan Stanley anticipates it will become a revenue driver in the second half of next year, leading to a significant rise in stock price.
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2024 financial events summary! The Federal Reserve's interest rate cut cycle has officially begun, with the U.S. stock market, Bitcoin, and Gold all reaching new highs, and NVIDIA's Market Cap even temporarily topping the Global rankings.
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U.S. stocks fluctuate | NVIDIA rises over 2% as Morgan Stanley reaffirms 'Shareholding' rating and lists it as a 'top pick' for next year.
GLONG Exchange December 23rd | NVIDIA (NVDA.US) is up over 2%, reaching a high of $137.82. In terms of news, Morgan Stanley recently stated that NVIDIA remains the bank's "preferred stock" for next year, and its latest Blackwell chip series will become the company's strongest "tailwind" by 2025. Morgan Stanley reiterated a "Shareholding" rating for NVIDIA Stocks and stated that the anticipated success of the company's next generation AI chip Blackwell has boosted its Call sentiment. The Target Price given by the bank is $166 per share. (GLONG Exchange)
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