Bank of America said a slew of stocks, including Nvidia , have plenty of upside in 2025. The firm recently named a few buy-rated stocks that every investor must own heading into the new year. In addition to the chip juggernaut, the names include Block , Cadence Design Systems , Chevron and East West Bancorp . Block Wall Street is gushing over the payment fintech company, including Bank of America analyst Jason Kupferberg and team.
"CDNS has invested aggressively in digital, revamping its entire portfolio and are now present at all 20 top semi companies , performing well across the different digital design phases," the analyst wrote. Arya also raised his price target on the stock to a Street high of $365 per share from $310. Shares are up 10% in 2024.
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