Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, February 28, 2025

Article Excerpt

NVIDIA CORP., $124.91, Nasdaq symbol NVDA, is your #1 Aggressive Buy for 2025. The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence (AI), datacentres and self-driving cars. In its fiscal 2025 fourth quarter, ended January 26, 2025, Nvidia’s revenue soared 77.9%, to $39.33 billion from $22.10 billion a year earlier. That beat the consensus forecast of $38.05 billion. Most of that gain is due to strong demand for database chips that power AI applications. Those include its newest chip, called Blackwell, which uses less energy than earlier models. Blackwell chips contributed $11 billion to its revenue in the latest quarter. The company also continues to see strong demand for chips that power self-driving cars. That offset lower sales of gaming video cards due to shortages of certain AI chips. The higher revenue lifted earnings before unusual items by 71.2% in the…