由 jpichiban Sat, 22 Feb 2025 12:52:16 GMT
There’s a slate of tech stocks that are well positioned ahead of earnings – and worth snapping up, according to Bank of America. The firm said that investors should take advantage of any pullback in shares of companies like Nvidia . Other buy-rated stocks include Workday , Dell and Marvell Technology. Nvidia Buy the recent dip in shares of the chip giant, the firm said. Nvidia is down more than 4% in the past month. “The next important test for AI bulls comes on Feb-26 when NVDA reports FQ4 results,” analyst Vivek Arya said. The analyst said that despite the stock’s choppiness, he still sees a slew of positive catalysts ahead. These include “NVDA’s leading new product pipeline and TAM expansion into robotics and quantum technologies at [its] upcoming GTC [global processing unit tech] conference,” according to Arya. The analyst said that the quarterly report should have enough earnings per share “substance even if less sizzle.” Marvell Technology Arya also said positive catalysts are building for Marvell. The firm is expecting solid fiscal fourth-quarter earnings results when the semiconductor company reports in early March . “We note overall improving AI visibility into FY26/27E as the cloud capex outlook continues to increase, and MRVL’s custom silicon pipeline/execution remains solid amid a fast-growing TAM [total addressable market],” Arya wrote. The company also has a much-anticipated investor day coming up in early June, which should be a key tailwind for the stock, the firm said. Arya thinks the company could raise its near-term artificial intelligence revenues at the event. Meanwhile, shares are down 6% in 2025. “Buy on AI share gains,” the analyst said. Dell Analyst Wamsi Mohan is sticking with shares of Dell. “Dell will report F4Q on Feb 27th and we believe the discussion will be focused on AI server backlog/Blackwell delays,” he said. Blackwell is Nvidia’s graphic processing unit, which Dell utilizes. Mohan acknowledged that Dell’s AI server segment could be “challenged,” but the firm ultimately sees the issue as “transitory.” “As Dell begins to deliver on the demand for AI servers and customers shift more enterprise/sovereign, revs/margins should shift higher over time,” he wrote. The analyst did lower his price target on the stock to $150 per share from $155, but he said Dell remains well positioned for the long haul. Shares are up nearly 45% over the last 12 months. Workday “WDAY’s topline growth rate has likely bottomed at 14%, and any improvement would serve as a catalyst for the stock. We believe there are some leading indicators for a better enterprise applications spending environment, which could drive the growth higher as we move through FY26. … WDAY has a differentiated SaaS platform that leads in Human Capital Management (HCM) and is emerging as a leader in Financials.” Marvell Technology “Buy on AI share gains. … We note overall improving AI visibility into FY26/27E as the cloud capex outlook continues to increase, and MRVL’s custom silicon pipeline/execution remains solid amid a fast-growing TAM. … We also flag the upcoming Jun-10 Investor Day as a catalyst, where MRVL could raise n-t [near term] AI target to $8bn.” Dell “Dell will report F4Q on Feb 27th and we believe the discussion will be focused on AI server backlog/Blackwell delays. … While the near-term set-up could be challenged on AI server revs/margins, we believe this to be transitory. As Dell begins to deliver on the demand for AI servers and customers shift more enterprise/sovereign, revs/margins should shift higher over time.” Nvidia “EPS could have enough substance even if less sizzle. The next important test for AI bulls comes on Feb-26 when NVDA reports FQ4 results. … The stock could be volatile post results, but we expect positive momentum to resume as investors look forward to NVDA’s leading new product pipeline and TAM expansion into robotics and quantum technologies at upcoming GTC conference.”
原文链接：https://www.cnbc.com/2025/02/22/buy-nvidia-ahead-of-earnings-bank-of-america-says.html