Investing.com – NVIDIA Corporation (NASDAQ:NVDA). surged to a record high early Monday following another positive analyst weighting. On Monday, SunTrust Robinson Humphrey analyst William Stein reiterated his buy rating, saying Nvidia remained his “preferred way” to invest in structure growth in the sector.
Nvidia has been on an upside trajectory this month and added over 6% last Friday. The analyst community has warmed up to the stock recently, and the slew of positive commentary and upgrades has been propelling shares higher.
Nvidia added over 4% on Monday, closing at $187.55, slightly below its record high of $191.20 reached earlier in the session.