We're hiking price targets on our only 'own it, don't trade it' stocks due to a common theme

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NVIDIA Corp,Apple Inc,Jim Cramer

Nvidia and Apple are winners this year but have more room to run due to a common theme.

We're raising our price targets on the Investing Club's only "own it, don't trade it" stocks — Nvidia and Apple — two mega-cap tech names that have been winners this year with more room to run. Nvidia We're boosting our Nvidia price target to $150 per share from $120 — representing an increase of more than 20% from Monday's close. The artificial intelligence giant, which briefly became the most valuable U.S.

HANGZHOU, CHINA - JUNE 3, 2024 - The NVIDIA logo and the Apple logo are pictured in Hangzhou city, Zhejiang province, China, June 6, 2024. On June 5, Eastern time, Nvidia's stock market value exceeded $3 trillion, officially surpassing Apple's market value and becoming the world's second largest technology giant by market value. It is worth noting that in just over 3 months, Nvidia's market value soared from $2 trillion to $3 trillion.

 

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