McAdam LLC Grows Stock Position in NVIDIA Corporation $NVDA
MarketBeat
McAdam LLC increased its stake in NVIDIA Corporation by 6.1% in the second quarter, bringing its total holdings to 120,319 shares valued at $24.1 million. NVIDIA reported strong quarterly results with revenue up 105.9% year-over-year, and analysts maintain a bullish outlook with an average price target significantly above its current trading price. However, the company faces risks including valuation sensitivity to interest rates, rising memory costs, uncertain China sales due to export controls
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