Here are the biggest calls on Wall Street on Monday:

DA Davidson adds Nvidia to the best-of-breed list

DA added the stock its best ideas list and says it’s firing on all cylinders.

“NVIDIA has built a durable competitive advantage anchored in its position as the critical provider of accelerated computing for AI, supported by a full-stack platform that spans GPUs, networking, and software.”

Morgan Stanley upgrades Dell to equal weight from underweight

The firm admitted its prior thesis was wrong.

“Our memory thesis was wrong as DELL is managing supply and executing better than peers, enabling mission critical demand capture, share gains, and pricing power.”

Citizens initiates Microsoft as market outperform

Citizens says the stock is firing on all cyinders.

“We are initiating coverage on Microsoft Corporation with a Market Outperform rating and $550 price target after the stock has traded down 7% year to date versus an increase of 11% for the S&P 500 and an increase of 10% for the Russell 3000.”

Cantor Fitzgerald reiterates Tesla as overweight

Cantor says it’s bullish on Tesla’s humanoid robots.

“In Q1, TSLA disclosed that its first-generation production line for the company’s humanoid robot (Optimus) is currently being installed in CA. This line, which will replace the production lines for the Model S and X vehicles (currently being discontinued), is expected by management to have an annual production capacity of 1M Optimus Robots.”

Citi reiterates Apple as buy

Citi says apple is well positioned to gain shares.

“We are incrementally positive on iPhone shipments this year and see Apple building on the strong momentum of the iPhone 17 family and well positioned to gain share amid memory pricing pressure.”

Barclays initiates IBM as overweight

Barclays says it sees “stable growth.”

“We initiate at OW with a $350 PT. Our core thesis is that IBM has created a stable growth engine around its very defensible software portfolio.”

Morgan Stanley reiterates Broadcom as overweight

The firm raised its price target to $485 per share from $470 ahead of Broadcom earnings later this week.

“Expectations are high into the quarter given exceptionally strong AI networking checks and continued TPU [tensor processing unit] demand.”

RBC reiterates Meta as outperform

RBC says the stock is undervalued.

“We believe META lies at the intersection of two trends that could accelerate uniquely accessible TAM expansion in the coming years: 1) differentiated compute capacity enabling identification & capture of unexpressed demand and 2) an explosion in AI-enabled entrepreunerialism.”

Goldman Sachs adds Block and Tyson Foods to the conviction buy list

Goldman added several stocks to its best ideas list on Monday.

“We add Casella Waste Systems Inc (CWST), TPG Inc (TPG), Tyson Foods Inc (TSN), and Block Inc (XYZ) to the US Conviction List, while removing Ares Management Corp (ARES), Kontoor Brands Inc (KTB), and Wynn Resorts Ltd (WYNN).”

Loop initiates Viking Holdings, Royal Caribbean and Viking as buy

Loop initiates several cruise companies on Monday and says they have plenty more room to run.

“We are initiating on the Cruise Line industry with BUY ratings on Norwegian Cruise Line Holdings (NCLH, PT $22), Carnival Corporation (CCL, PT $36), Viking Holdings (VIK, PT $108) ...”

Roth initiates Red Cat as buy

Roth says it sees “breakout growth” for the drone company.

“We initiate coverage of Red Cat with a Buy rating and $25 price target, as we believe the company is well positioned for breakout growth from an expanding drone portfolio and intense demand.”