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Barchart
Barchart
Mark R. Hake, CFA

Nvidia Price Targets Are Higher as Analysts Up Their Forecasts - What's the Best NVDA Play Here?

NVDA Nvidia Barchart NTM Yahoo Finance

Analysts have been hiking their Nvidia Inc. (NVDA) revenue and earnings forecasts, along with their price targets. Two attractive plays are to sell short out-of-the-money NVDA puts as well as NVDA put credit spreads.

NVDA closed higher on Monday, Sept. 28, at $228.36. That's near its recent peak of $230.36 on Sept. 4. But it could be worth well over that, based on analysts' higher price targets.

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