1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, Target

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Nvidia is a buy with another huge beat-and-raise quarter on deck.Join InvestingPro for just 60 cents a day!ending above the key 40,000 level for the first time in history on growing expectations of Fed rate cuts this year.

On the economic calendar, most important will be the minutes of the Federal Reserve’s latest FOMC policy meeting, due on Wednesday. Meanwhile, Fed Chair Jerome Powell is due to deliver a commencement speech at the Georgetown Law Commencement ceremony on Sunday afternoon.)'s results will be the key update of the week as the Q1 reporting season quiets down. Other notable names lined up to report earnings include Palo Alto Networks , and the Invesco QQQ Trust ETF .

The views discussed in this article are solely the opinion of the author and should not be taken as investment advice.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

 

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