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Morgan Stanley drops Nvidia from top stock picks, but isn't giving up on the stock just yet: Report
Summary by CNBC-TV18
4 Articles
4 Articles
Morgan Stanley drops Nvidia from top stock picks, but isn't giving up on the stock just yet: Report
Nvidia has lost its place among Morgan Stanley's top stock picks, but the investment bank is not ready to turn bearish on the artificial intelligence chipmaker. It has retained its Overweight rating even as the Jensen Huang controversy adds another layer of uncertainty for investors.
The decision came yesterday, Wednesday, after Invidia had lost more than a quarter of its value since it was included in the Bank's choice of October 2. Bank analysts explained that the continuation of Hwang's leadership of the company [...] excluded Morgan Stanley from his favorite stock list written in the Stock Exchange.
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Total News Sources4
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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