Nvidia is expected to be the best performer in -2-
Insulet Corp. PODD 83% 17% 0% $188.79 $235.57 25% DexCom Inc. DXCM 88% 12% 0% $116.75 $147.49 26% Oneok Inc. OKE 52% 48% 0% $69.11 $77.12 12% Palo Alto Networks Inc. PANW 80% 18% 2% $368.33 $345.20 -6% Tesla Inc. TSLA 39% 45% 16% $188.71 $214.76 14% Targa Resources Corp. TRGP 96% 0% 4% $88.34 $107.70 22% Extra Space Storage Inc. EXR 42% 53% 5% $139.60 $159.25 14% Western Digital Corp. WDC 67% 29% 4% $56.08 $68.17 22% Source: FactSet
An overwhelming percentage of analysts rate Nvidia a buy or the equivalent, but the stock has gotten ahead of the consensus 12-month price target. Maybe even the analysts believe that setting one-year price targets isn't very helpful for long-term investors.
Don't miss: Want your stock picks to beat index funds? Look at companies with one key metric.
-Philip van Doorn
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02-17-24 0715ET
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