2 Tech Stocks With 47% or More Upside, According to Wall Street Analysts
The technology sector has produced some of the most rewarding growth stocks over the past four decades, and artificial intelligence (AI) promises to breed more wealth-building opportunities for investors.The recent market sell-off sent shares of top tech stocks tumbling, but Wall Street analysts still have a buy rating on two high-growth companies, Nvidia (NASDAQ: NVDA) and The Trade Desk (NASDAQ: TTD). The consensus price target on these stocks suggests there could be significant upside from their discounted share prices. Here's why Wall Street might be on the money with these top tech stocks.Teaching computers to think for themselves requires powerful graphics processing units (GPUs). The demand for these chips has fueled impressive growth for a leading GPU designer, Nvidia. The average price target on Wall Street is currently 47% above Nvidia's current $111 share price.Continue reading
The technology sector has produced some of the most rewarding growth stocks over the past four decades, and artificial intelligence (AI) promises to breed more wealth-building opportunities for investors.
The recent market sell-off sent shares of top tech stocks tumbling, but Wall Street analysts still have a buy rating on two high-growth companies, Nvidia (NASDAQ: NVDA) and The Trade Desk (NASDAQ: TTD). The consensus price target on these stocks suggests there could be significant upside from their discounted share prices. Here's why Wall Street might be on the money with these top tech stocks.
Teaching computers to think for themselves requires powerful graphics processing units (GPUs). The demand for these chips has fueled impressive growth for a leading GPU designer, Nvidia. The average price target on Wall Street is currently 47% above Nvidia's current $111 share price.
