Benchmark Co. believes that EZchip reported strong Q2 results, and the firm thinks the company is laying the groundwork to benefit from strong sales of its upcoming NP-5 product beginning in late FY14. The firm reiterates a $40 price target and Buy rating on the stock.
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
As top growth stocks like Nvidia fall below key moving averages, keep in mind these proven rules for when to sell stocks.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
While more older boomers tend to have a pension, a looming wave of younger retirees are about to strain the economy and Social Security.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
(Bloomberg) -- Super Micro Computer Inc. shares are seeing their biggest drop in about two months on Friday, leading a sharp decline among technology stocks with exposure to artificial intelligence.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on Iran‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapThe maker
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
In seven of the past eight quarters, the company disclosed preliminary results ahead of its earnings report, generally raising its guidance.
