One of the few Wall Street analysts bearish on Nvidia reverses course, saying his call ‘did not work out’ (NVDA)
Shares of Nvidia have skyrocketed this year, which has left those betting against the company hurting.
One bearish analyst upgraded his outlook on the company and says he got his previous calls wrong.
Strong performance in the data center and gaming businesses have been a point of pride for Nvidia.
Watch Nvidia move in real time.
Nvidia has been on a crazy upward burn, gaining 109.69% this year thanks to its strength in artificial intelligence and cryptocurrencies. The meteoric rise has left those bearish on the company in the dust, and on Monday, one of those bears decided enough was enough.
“We have …read more
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