MKC-worst-case

Currently, 41 Wall Street analysts are covering NVIDIA ($NVDA), with a median 12-month price target of $177.57, a high estimate of $250.00, and a low target of $100.00. With $NVDA trading at $170.53, this gives us a forecast range of: · +46.6% upside to the high target · -41.4% downside to the low target · That’s an 88% total range, a significant spread that implies elevated forward volatility and divergent opinions on valuation. This wide range tells traders a lot. A tight forecast band would suggest stability and consensus.

If you’re not watching sector leadership, you’re playing the game with a blindfold. I just reviewed the latest performance numbers for the S&P 500 sectors and let me tell you ...