NVIDIA (NVDA) Remains a Franchise Pick as Jefferies Reiterates Buy

NVIDIA Corporation (NASDAQ:NVDA) is one of the Buzzing AI Stocks on Wall Street. One of the biggest analyst calls on Friday, September 5, was for Nvidia Corporation. Jefferies reiterated the stock as “Buy,” stating that the stock remains on the franchise picks list.

“The rapid proliferation of AI demand continues with leaders from across the industry offering commentary indicating significant compute supply shortages. Given NVDA’s position as the dominant supplier of AI accelerators within AI data centers, we remain bullish on shares.”

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.