🟢 NVE Corporation is trading 5% up today, following analyst upgrade to 'Outperform'

NVE Corporation is trading 5% up at $109.96, with the move appearing linked to a recent analyst upgrade and positive commentary on the company's outlook.

• Zacks recently upgraded the stock to "Outperform" from a previous "Neutral" rating, citing the company's potential as an AI infrastructure play due to its energy-efficient "spintronic" technology.
• The upgrade also points to an expected rebound in the company's defense-related business and the successful completion of a major manufacturing expansion, which positions it for future growth.