You'll be hard pressed to find Nvidia at a bigger discount that it is now, according to Bernstein.
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It's clear that Wall Street's earinings estimates for Nvidia are too low. So is the stock price.
Shares of the chip giant are well below the all-time high, but an opportunity to bet on the next leg up has emerged.
Morgan Stanley sees shares of Nvidia rallying 47% from current levels.
Stocks included in 22V Research's basket of GARP names included Nvidia and Micron.
Investors may be concerned that a more balanced supply-demand environment could pressure Nvidia's ability to sustain elevated…
Shareholder returns are coming back into focus amid the semiconductor boom.
