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2 Nasdaq Stocks to Buy Before They Soar as Much as 115% in 2025, According to Certain Wall Street Analysts


Published on 2024-12-09 09:21:33 - The Globe and Mail
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  • The Nasdaq Composite is a tech-centric index that tracks the performance of more than 3,000 stocks listed on the exchange. Just this week, the Nasdaq, the S&P 500, and the Dow Jones Industrial Averageall climbed to record heights, the latest in a long line ...

The article from The Globe and Mail discusses two Nasdaq-listed stocks, Bank of America Corporation (BAC) and NVIDIA Corporation (NVDA), which are highlighted by Wall Street analysts for their potential significant growth in 2025. Bank of America is noted for its strong financial position, diversified revenue streams, and potential for growth in net interest income due to rising interest rates. Analyst Ebrahim Poonawala from Bank of America Securities has set a price target of $40, suggesting a potential 115% increase from its current price. NVIDIA, on the other hand, is praised for its advancements in AI, data centers, and autonomous driving technology. Analyst Vivek Arya from Bank of America has a price target of $1,100, indicating a 35% potential rise, driven by NVIDIA's leadership in GPU technology and expanding market opportunities. The article emphasizes the analysts' confidence in these companies' future performance, underpinned by their strategic positioning and market conditions.

Read the Full The Globe and Mail Article at:
[ https://www.theglobeandmail.com/investing/markets/stocks/BAC/pressreleases/29947761/2-nasdaq-stocks-to-buy-before-they-soar-as-much-as-115-in-2025-according-to-certain-wall-street-analysts/ ]