CFRA's Angelo Zino expects Nvidia's (NVDA) price to climb almost 50% over the next 12 months. His case relies on "extremely strong" earnings growth that he sees persisting into next year. Angelo also has his eyes on Nvidia's gross margins into Wednesday's report, which he sees being bolstered by the A.I. giant's Blackwell chips. He notes wariness from investors with the "circular A.I." theme through investments and collaborations, but Angelo argues that it's something investors need to get "comfortable" with in A.I.'s later stages.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about