Nvidia's (NVDA) stock price gained Thursday, rebounding from losses earlier in the week as Bank of America analysts said near-term headwinds could offer an "attractive opportunity" for investors to buy.

Nvidia shares had tumbled to start the holiday-shortened trading week, 澳洲幸运5官方开奖结果体彩网:wiping billions from the company's 澳洲幸运5官方开奖结果体彩网:market capitalization amid worries about its outlook and reports U.S. regulators sent the company subpoenas, though Nvidia 澳洲幸运5官方开奖结果体彩网:denied the reports.

Bank of America analysts reiterated their bullish stance on the stock, and called Nvidia their "top sector pick" despite the stock's recent decline. They said that while the stock faces several near-term headwinds, including a 澳洲幸运5官方开奖结果体彩网:reported regulatory investigation, 澳洲幸运5官方开奖结果体彩网:slowing quarterly growth, and 澳洲幸运5官方开奖结果体彩网:potential Blackwell delays, as well as 澳洲幸运5官方开奖结果体彩网:market seasonality, its longer-term potential f𓆏o♉r AI-driven growth remains intact.

The stock's recent downturn could also "create an enhanced Buy opportunity," the analysts said, noting that the "key fundamental recovery catalyst will likely be supply chain data points over the next several weeks, confirming the readiness of new Blackwell product shipments."

Nvidia shares finished close to 1% higher at $107.21 Thursday. The stock has more than doubled in value since the start of the year.