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Nvidia (NASDAQ: NVDA) is roaring higher.
Shares are up 27% since its stock split was announced. And the 174% YTD gain is 12x more than the S&P 500.
The AI boom is here and it’s real.
These 5 hidden AI stocks could be the next big winners.
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Nvidia shares are trading around $130 this morning.
Nvidia’s share price target was increased to $160 per share by Susquehanna (previous target was $145).
This represents a 23% increase from the recent share price.
The firm’s price target is based on Nvidia trading at over 50-times 2025 earnings. That’s a huge premium to compared with other semiconductor stocks.
Yet these 5 hidden AI stocks could jump as much as 1,355%. Click here for my #1 trade to BUY NOW.
Susquehanna now has the highest NVDA price target among Wall Street firms. The average price target is $124 – below the current share price.
Nvidia is now the world’s 3rd largest company – valued at $3.2 trillion.
Nvidia is growing incredibly fast. Just look at the expectations for this year…
- 97% revenue growth
- 102% earnings growth
- 119% free cash flow growth
These numbers are incredible for a company of ANY SIZE.
Yet they’re remarkable for a company that did over $60 billion in sales last year.
WE HAVE NEVER SEEN A COMPANY GROW LIKE THIS BEFORE.
Nvidia’s shocking growth is happening as cloud computing giants – also known as “hyperscalers” – upgrade their datacenter.
Every data center needs to have old hardware ripped out. And it’s being upgraded with hew AI chips from Nvidia.
Plus, new data centers are being build around the world to meet demands from AI.
That’s why I’m placing my bets on Hyper Power 2.0 stocks.
These undiscovered stocks could be the next big AI winners. And I’d like to share details with you.
The #1 Trade for 2024: The Secret Backdoor to AI Profits
Ian
P.S. Want to get my #1 trade – including the NAME and TICKER?