"Uncovering the Next Big AI Stocks: A Wall Street Analyst's Perspective"

TL;DR Summary
Wall Street analysts suggest potential upside of 63% and 70% for Nvidia and Super Micro Computer, respectively, due to the increasing demand for generative AI. Nvidia's GPUs and Super Micro Computer's high-end servers are integral to AI systems, with both companies experiencing significant revenue and EPS growth. Analysts are bullish on their prospects, with Nvidia's stock currently selling for 34 times forward earnings and Super Micro Computer's stock attractively priced at 3 times forward sales.
Topics:business#ai-stocks#artificial-intelligence#finance#nvidia#super-micro-computer#wall-street-analysts
- 2 Superb Artificial Intelligence (AI) Growth Stocks to Buy Before They Soar 63% and 70%, According to Select Wall Street Analysts Yahoo Finance
- AI infrastructure stocks are poised to be the next phase of investment Goldman Sachs
- AI Is Reshaping Software. Microsoft Stock Is the ‘Clear Winner.’ Barron's
- Next-Gen Movers: 3 Hidden AI Stocks Set to Outpace the Market in 2024 InvestorPlace
- AI stocks aren't like the dot-com bubble. Here's why Quartz
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 5 min read
Condensed
91%
860 → 75 words
Want the full story? Read the original article
Read on Yahoo Finance