Top Stock Picks for Week of February 17, 2025 – February 18, 2025
From Zacks Investment Research: 2025-02-18 17:40:11
NVIDIA Corporation (NVDA) is a global leader in visual computing technologies, benefiting from the growth of AI and accelerated computing. Demand in data center end-markets is increasing, driven by generative AI and large language models. Collaborations with Mercedes-Benz and Audi are expanding its presence in autonomous vehicles. NVIDIA’s revenues are projected to grow at a CAGR of 50.5% through fiscal 2025-2027, with strong cash flow and a solid balance sheet.
Tesla (TSLA) faces pricing challenges and competition in its EV business, but remains a technology innovator. Growth in Energy Generation & Storage segment and AI advancements drive its long-term growth story. Energy deployments doubled in 2024, with plans to continue momentum. Tesla is advancing in autonomous driving and set to launch robotaxi services. Backed by a strong balance sheet and liquidity, Tesla is poised for innovation and expansion. Bullish outlook remains on the stock.
Read more at Zacks Investment Research: Top Stock Picks for Week of February 17, 2025 – February 18, 2025