Welcome to Extreme Investor Network, where we bring you the latest insights and analysis on the biggest calls from Wall Street. Today, we are diving into the top recommendations and updates from leading analysts in the investing world.
Bank of America is reiterating Broadcom as a buy, highlighting the company’s focus on growing AI opportunities and its potential for significant market share in the future. Meanwhile, UBS is sticking with Advanced Micro Devices (AMD) as a buy, despite a mixed bag of results from their recent AI event.
Wells Fargo has upgraded Affirm to overweight, citing the fintech payment company as a structural winner with a promising future in the e-commerce space. Redburn Atlantic Equities has initiated Mercado Libre as a buy, recognizing the company’s role in leading the online retail revolution in Latin America.
Pivotal sees Amazon as a strong buy, emphasizing the e-commerce giant’s wide moat and potential for significant organic revenue growth. On the other hand, Morgan Stanley has downgraded Qorvo to equal weight, citing a lack of near-term catalysts for the semiconductor solutions company.
Goldman Sachs is reiterating Nvidia as a buy, following a series of management meetings and raising its price target for the stock. JPMorgan has named Amazon, Uber, and Meta as top picks heading into earnings, emphasizing strong secular growth potential and company-specific drivers.
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