|Bid||266.39 x 900|
|Ask||266.32 x 800|
|Day's Range||264.10 - 268.75|
|52 Week Range||170.16 - 285.22|
|PE Ratio (TTM)||39.09|
|Earnings Date||Nov 15, 2018|
|Forward Dividend & Yield||0.60 (0.22%)|
|1y Target Est||291.91|
Morgan Stanley analyst Joseph Moore wrote Thursday that "gaming data points remain mixed" for Nvidia Corp. amid the disappearance of the company's cryptocurrency business. "We wouldn't expect near term upside from gaming, but still like the stock," he said. Moore's note comes after tech reviewers weighed in on the company's new gaming products. "As review embargos broke for the new gaming products, performance improvements in older games is not the leap we had initially hoped for," Moore wrote. "Still, new features such as ray tracing and DLSS [deep learning super sampling] will matter more longer term." He rates the stock at overweight with a $273 price target. Shares are down 1.6% in premarket trading, though they're up 46% over the past 12 months. The S&P 500 has gained 16% in that time, as the PHLX Semiconductor Index has risen 19%.
Morgan Stanley says the gaming performance of Nvidia’s latest graphics card is below its expectations. “As review embargos broke for the new gaming products, performance improvements in older games is not the leap we had initially hoped for,” the firm’s analyst Joseph Moore says. Morgan Stanley says the gaming performance of Nvidia's NVDA latest graphics card is below its expectations.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, growth of ETFs holding NVDA is favorable, with net inflows of $25.97 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
The Zacks Analyst Blog Highlights: Advanced Micro Devices, Intel, Cisco, Hewlett Packard Enterprise and NVIDIA
Judging by initial reviews for Nvidia's latest high-end gaming GPUs, and by where the competition stands today, the company has a decent chance of making its pricing strategy pay off. Reviews arrived on Wednesday morning of graphics cards containing Nvidia's new RTX 2080 and RTX 2080 Ti GPUs, which were unveiled in August, are based on the company's new Turing architecture and become available on Sept. 20 and Sept. 27, respectively. Generally, reviewers saw solid performance gains relative to Nvidia's older GTX 1080 and GTX 1080 Ti GPUs when playing existing titles.
The stock market has been on an epic run. Since the 2008 Recession, the S&P 500 has gone on its longest bull run ever and has risen by more than 300% during that stretch.
Micron Technology (MU) has been focusing on the data economy. In the data economy, innovation is growing in the areas of IoT (Internet of Things) and AI at the edge. Micron’s EBU (embedded business unit) offers a micro SD card that can continuously record for three years at only 10% of the ownership costs of other products.
Investment portfolios for this mid-career crowd are also at critical junctures. With that as the backdrop, here’s a look at ten blue-chip stocks to buy if you’re around the age of 40. Perhaps best of all, they’re names that don’t require constant baby-sitting, letting mid-career investors focus on other things like work, kids and aging parents.
Volvo Trucks is a subsidiary of Volvo and is the world's second-largest producer of heavy-duty trucks. This week, the company introduced its autonomous vehicle (AV) solution, which is a cab-less vehicle towing a trailer.
Advanced Micro Devices (AMD) has been on a roll lately. While other tech stocks have been falling, the chip maker’s stock has gained a whopping 70% in the past month. The stock has more than tripled in value YTD (year-to-date). It’s now trading at a 12-year high.
When it comes to the chip space, much of the attention has been on Advanced Micro Devices (NASDAQ:AMD) lately, whose stock has been on a powerful bull run. Note that last week Needham analyst Rajvindra Gill published a report, which included an increase in the price target from $325 to $350. This implies 27% upside for Nvidia stock.
NVIDIA's profit margin has been expanding in recent years and is significantly better than those of its main competitors.
Micron Technology (MU) has braced itself to withstand the challenge of falling memory prices by improving its cost competitiveness and increasing its mix of high-value solutions from the supply side. Now let’s look at the demand side of memory.
Shares of Advanced Micro Devices Inc. are up 1.6% in premarket trading Tuesday after Mizuho analyst Vijay Rakesh raised his price target to $36 from $20 overnight. He is increasingly upbeat about the stock following meetings with original equipment manufacturers and distributors in the PC supply chain. He thinks it's possible the company will endure "some near-term bumps" but is optimistic about the company's Epyc server ramp and its ability to capitalize on the fact that Intel Corp. is still in flux without a chief executive. Rakesh also raised his price target on Nvidia Corp.'s stock to $295 from $280 after his supply-chain meetings. Nvidia's stock is up 0.5% in premarket trading. AMD shares have gained 148% over the past 12 months, while the S&P 500 has risen 15%.
Thanks to the mainstream emergence of multiple secular-growth technology trends, the global semiconductor market has been on fire recently. While financial media outlets love to talk about semi-darlings Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Micron (NASDAQ:MU), and other high-flyers, one semi-stock which is often left out of the discussion is Broadcom (NASDAQ:AVGO). Not only have Broadcom’s numbers boomed with the rest of the semiconductor industry over the past five years, but, during that stretch, AVGO stock has rallied more than 500%.
Tech stocks represent some of the most lucrative opportunities in the investing space, but identifying the long-term winners in a sector full of booms and busts is no easy task
Micron Technology (MU) is the third-largest DRAM (dynamic random-access memory) manufacturer in the world and supplies commoditized and specialized DRAM products to the PC, graphics, mobile, cloud computing, automotive, and embedded markets.
In the previous part of this series, we looked at how Goldman Sachs’s (GS) concerns weighed on stocks last week. In early September 2018, investment firm Evercore ISI downgraded several semiconductor stocks. Evercore is one of the top research firms covering semiconductor stocks.
Many people have been waiting in eager anticipation for NVIDIA's GeForce RTX 2080 Ti, the video card that promises to be the fastest GeForce card ever. NVIDIA announced on its forums that the general availability date of the video card will be delayed by one week, to September 27th.
Chipmaker Advanced Micro Devices (NASDAQ:AMD) has been on a tear for the past several months, and the stock refuses to cool off. Every day, it seems like analysts are upgrading AMD stock and/or somebody in the media is saying something positive about market share gains.