Nvidia Is a Top Pick for Next Year, Needham Says. Here’s Why.



Nvidia


has been selected as one of Needham’s top picks for 2023. Analysts led by Rajvindra Gill, rate the stock as Buy, highlighting its “favorable risk/reward profile” and AI capabilities, among other reasons.

In a research note Monday, Needham wrote that its fiscal year estimates for


Nvidia


‘s earnings and sales take declines in gaming, weakness in China data centers and other factors into consideration.

Source: https://www.barrons.com/articles/nvidia-stock-top-pick-for-2023-51671462866?siteid=yhoof2&yptr=yahoo