One Wall Street analyst thinks the bullish investors have it right, and Nvidia stock can move higher by another 25% from its recent level. Melius Research analyst Ben Reitzes thinks investors should buy the stock and sees it worth $165 per share.

The selloff follows an earnings report by chip manufacturing equipment supplier ASML which indicated weaker-than-expected sales guidance for 2025, raising concerns

Two high-octane growth stocks have the necessary catalysts to leave Wall Street's artificial intelligence (AI) darling Nvidia in the dust.

Semiconductor companies Nvidia (NASDAQ: NVDA) and Arm Holdings (NASDAQ: ARM) are major players in that market, and shares have rocketed 166% and 100%, respectivley, year to date. But most Wall Street analysts expect the stocks to move in opposite directions over the next year.