A chipmaker and an auto giant were among the stocks being talked about by analysts on Thursday.
Bank of America reiterated Nvidia as a top pick, noting the recent decline in the stock creates a buying opportunity. Meanwhile, Wolfe Research downgraded General Motors to peer perform. Check out the latest calls and chatter below. All times ET. 5:42 a.m.: Wolfe downgrades General Motors Wolfe Research is moving to the sidelines on General Motors given the automaker's unclear outlook into 2025. The firm downgraded the Detroit-based automaker to peer perform from outperform.
mountain NVDA year to date "We maintain that skepticism about AI capex and monetization is an understandable but fruitless endeavor at-least until 2026," Arya wrote. "AI capex is not just driving new business opportunities, it's also critical in protecting existing moats and large profit pools in search, social and enterprise workloads.
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