Why CFRA Has A Buy Rating On Nvidia (NVDA) Ahead of 1Q22 Earnings

Published: May 27, 2021, 12:02 p.m.

b"Angelo Zino breaks down Nvidia's latest price action ahead of their first quarter report. He discusses CFRA's buy rating and $630 price target on the semi stock, which he says reflects optimism surrounding data centers and gaming. CFRA also likes Nvidia's financial position, with $11.6B in cash and $6B in debt."