NVIDIA Corporation (NASDAQ:NVDA) is listed as one of the 14 Best IT Stocks to Buy for the Long Term. Cantor Fitzgerald recently increased its price target on NVDA from $200 to $240, citing a rise in demand for AI compute. The firm predicts strong earnings growth and potential Data Center revenues of $200-$300 billion by 2026. As a global leader in AI, data centers, and digital solutions, NVDA continues to be a top choice for investors. However, some believe other AI stocks may offer greater potential and less risk. For those seeking an undervalued AI stock with growth potential, consider exploring the best short-term AI stock recommendation.

Read more at Yahoo Finance: Cantor Fitzgerald Raises PT on NVIDIA Corporation (NVDA) Amid Growing Demand for AI Compute