Jensen Huang, president and CEO of Nvidia, speaks during the company's event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019.
David Paul Morris | Bloomberg | Getty Images
Morgan Stanley raised its rating on Nvidia to overweight from equal weight, as the firm sees the stock racing even higher in 2020 after a solid performance in a competitive year among semiconductor companies.
Nvidia's stock is up about 60% this year after closing trading Monday at $221.21, up 4.9%.
