AI and Healthcare sectors have been the key driver for global stocks since the 2020 COVI D pandemic.
Big data analytics combined with scalable computing results in innovation in treatments , drug discovery and quicker clinical trials . With NVIDIA ( NVDA ) the most powerful AI chip maker and computing platform & Eli-Lilly ( the fastest growing Fortune 500 Healthcare stock ) Team up - is a seismic stick to the expected revenue and profitability of both firms . Typically such teams up would result in major price rises for both stocks 2-3 quarters later .
However , markets have already started jumping particularly for NVDA stock - since the news is out . JP Morgan , & others are already revising their price targets for both Nvidia &Eli-Lilly higher , within both QoQ & YoY outlook being revised 25-36 percent higher for both stocks
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
