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Nvidia and AMD: Cowen Selects the Top AI Stocks to Buy Before Earnings

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
With the earnings season now underway, we'll soon find out how publicly traded companies finished 2024. So far, analysts have set a high bar,
The article from MSN discusses Cowen's analysis of AI stocks ahead of their earnings reports, focusing on Nvidia and AMD. Nvidia is highlighted for its strong position in AI due to its data center GPUs, which are crucial for AI and machine learning applications. Despite a high valuation, Cowen sees Nvidia as a buy due to its leadership in AI technology and expected growth in data center revenue. AMD, on the other hand, is also recommended as a buy, with Cowen pointing out its competitive advancements in AI through its EPYC processors and Radeon GPUs. The firm believes AMD's strategic moves in AI could challenge Nvidia's dominance, although it acknowledges Nvidia's current lead. The article suggests that both companies are well-positioned to benefit from the expanding AI market, with Nvidia's established market share and AMD's aggressive push into AI computing.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/nvidia-and-amd-cowen-selects-the-top-ai-stocks-to-buy-before-earnings/ar-AA1xtedG ]