Sentiment: Negative
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Why Bank of America Says Nvidia (NVDA) Stock Is the Best Chip Buy Right Now
By Trader Edge at 2026-10-04 03:49
Sentiment: Negative
TLDR BofA expects Nvidia to report Q2 revenue of $94B-$95B, above its own $91B guidance, with Q3 guided at $107B-$108B Nvidia’s forward P/E of 16x projected 2027 EPS is its lowest in 10 years, per BofA Memory cost risks are described as “overblown,” with gross margins expected to hold at 73%-74% Nvidia has committed roughly [...] The post Why Bank of America Says Nvidia (NVDA) Stock Is the Best Chip Buy Right Now appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central