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Is Nvidia Stock a Buy Ahead of Earnings? Morgan Stanley Weighs In
In just a little over three weeks, Nvidia (NVDA) is due to report its Q1 2022 earnings. Perhaps in preparation for that big event, investment bank Morgan Stanley announced it is resuming coverage of the semiconductors giant — and provided a few thoughts on the company ahead of earnings. “Nvidia,” writes Morgan Stanley analyst Joseph Moore, “remains one of the best growth names in the semis space [and] is a core holding.” For this reason, the analyst says Morgan Stanley’s approach will be “to at