The new highest price target for Nvidia’s stock implies 21% upside from Friday’s close, but the most bullish targets for numerous other chip stocks suggest more room to run.
AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp.
Stock-market investors seem to be clamoring for rate cuts from the Federal Reserve, although the S&P 500 has been on a record-breaking run even without them. History shows investors should be careful what they wish for.