​NVIDIA Corporation (NASDAQ:NVDA) is one of the Good Stocks to Buy According to Analysts. On December 3, NVIDIA Corporation (NASDAQ:NVDA) was reiterated with a Buy rating and a $275 price target by Vivek Arya of Bank of America Securities. Earlier on December 1, Joseph Moore from Morgan Stanley also reiterated a Buy rating on the stock, while also raising the price target from $235 to $250.
​The ratings follow recent partnerships of NVIDIA Corporation (NASDAQ:NVDA) with Mistral AI and Amazon’s AWS, announced on December 2. The company announced its partnership with Mistral AI to accelerate a new family of open models. This comes as Mistral AI announced the Mistral 3 family of open-source multilingual, multimodal models, which is optimized across NVIDIA supercomputing and edge platforms. Management noted that by combining Mistral’s AI with NVIDIA’s GB200 NVL72 systems, companies can easily deploy and scale AI models.
​Moreover, NVIDIA Corporation’s (NASDAQ:NVDA) partnership with AWS revolves around new technology integrations across interconnect technology, cloud infrastructure, open models, and physical AI.
​NVIDIA Corporation (NASDAQ:NVDA) is a full-stack computing infrastructure company that focuses on accelerated computing to solve complex computational problems. The company offers AI data center platforms, GPUs, networking, and autonomous vehicle solutions.
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. This article is originally published at Insider Monkey.
