Trade of the Day: Nvidia Corporation Breakout Could Net You 400%

Trade of the Day: Nvidia Corporation Breakout Could Net You 400%NVDA stock is a secular growth story for more than a few good reasons. The firm sees Nvidia as still offering investors plenty of upside catalysts and expects online gaming to continue its job as a chief profit center with the company’s recently introduced Pascal card showing solid user adoption. BofA acknowledges NVDA stock doesn’t look cheap on the surface with its price-to-earnings ratio of 57, but still believes it’s worth every penny — and then some, given a buy reiteration with an attached price target increase from $ 251 to $ 275.



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