NVIDIA (NVDA) fell 1% today after Morningstar qualified the title of “fairly appreciated” and two technical analysts made prudent comments on the actions of declarations in Yahoo Finance.
Morningstar says NVDA is “pretty appreciated”
In an article published yesterday afternoon, the Morningstar research firm retained an estimate of the fair value of $ 130 on the NVDA following its income in the fourth quarter. However, he also wrote that “actions seem to be pretty appreciated for us”.
Morningstar believes that the current NVDA level precisely reflects the enormous potential of the company’s AI chips and the possibility that demand for these semiconductors slow down from 2026.
Morningstar expects the growth in the company to slow down 21% in its next fiscal year.
Technical analysts are quite downgraded on NVDA
Noting that the actions had fallen below their 200 -day mobile average, Todd Sohn, Senior ETF and technical strategist at Strategas Securities LLC, told Yahoo Finance that “on a tactical basis, it is difficult to remain super optimistic on a name once the 200 days have started to decrease and slopes.
“I am inclined to think that there is no longer to do on the disadvantages. We could see the support everywhere by $ 110, but below what my minimum disadvantage is in the range of $ 107 to $ 103, “added Rick Bensignor, CEO of Bensignor Investment Strategies and former strategist of Morgan Stanley.
While we recognize the potential of NVDA, our conviction lies in the conviction that certain AI actions are more promising to provide higher yields and do it within a shorter period. If you are looking for a more promising AI actions than NVDA but which is negotiated within 5 times its income, consult our report on the Stock ai the cheapest.
Read 8 Best actions of Large Douves to buy now And 30 most important AI stocks according to BlackRock
Disclosure: None. This article is initially published by Insider Monkey.