The Zacks Analyst Blog Highlights NVIDIA, Palantir Technologies, Advanced Micro Devices, Microsoft and Amazon.com
From Nasdaq: 2025-04-11 06:44:00
Zacks.com highlights stocks like NVIDIA Corp. (NVDA), Palantir Technologies Inc. (PLTR), and more in the Analyst Blog. NVIDIA’s market dominance and demand for chips bode well for the company. Palantir’s Artificial Intelligence Platform (AIP) attracts new customers, leading to revenue growth. But, with budget cuts affecting Palantir, it may struggle to outperform NVIDIA.
NVIDIA’s strong position in the GPU market and rising demand for chips indicate long-term growth potential. Brokers have raised NVIDIA’s average short-term price target by 82.9% to $176.15, reflecting undervaluation. However, Palantir faces challenges with government spending cuts and an expensive forward P/E ratio. It’s advisable for new investors to hold off on Palantir stock for now.
Zacks Investment Research identifies a semiconductor stock with significant growth potential, surpassing even NVIDIA. With expanding customer base and strong earnings growth, this chip stock is positioned to benefit from the booming AI, ML, and IoT sectors. Global semiconductor manufacturing is projected to increase from $452 billion in 2021 to $803 billion by 2028.
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