NVDA - NVIDIA Corporation
186.35 +0.05 (0.03%)
After hours: 4:17PM EDT
| Previous Close | 187.29 |
| Open | 187.56 |
| Bid | 185.97 x 800 |
| Ask | 186.40 x 1000 |
| Day's Range | 185.19 - 188.93 |
| 52 Week Range | 124.46 - 292.76 |
| Volume | 8,986,344 |
| Avg. Volume | 15,612,850 |
| Market Cap | 113.362B |
| Beta (3Y Monthly) | 2.37 |
| PE Ratio (TTM) | 28.10 |
| EPS (TTM) | 6.63 |
| Earnings Date | May 15, 2019 |
| Forward Dividend & Yield | 0.64 (0.36%) |
| Ex-Dividend Date | 2019-02-28 |
| 1y Target Est | 183.19 |
- Investor's Business Daily•1 hour ago
How To Invest In Stocks: A Guide To The Stock Market For Beginners
Learning how to invest in stocks can be intimidating. Stock market beginners face many questions. How to buy stocks? When to sell? How to read charts? Here you'll find answers.
- Benzinga•9 hours ago
Jim Cramer Shares His Thoughts On AMD, Gilead, Nvidia And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said he would wait for Arista Networks Inc (NYSE: ANET ) to come down before buying the stock. Cramer likes NVIDIA (NASDAQ: NVDA ). He loves ...
- InvestorPlace•yesterday
7 Reasons the Stock Market Rally Isn’t Over Yet
Stocks are up big in 2019. Really big. Year-to-date, the S&P 500 as represented by the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up more than 16%. To put that in perspective, this decade has only featured two years wherein stocks returned more than 15% for the whole year. The stock market has already done that this year, and we aren't even a third of the way through 2019. People are finding stocks to buy all over the place.Given how far and how fast socks have rallied in 2019, some market observers think that best of 2019 is in the rearview mirror. Indeed, some pundits think that stocks have already reached their 2019 peak, and that the rest of the year will play out like the last few months of 2018.I don't buy that bear thesis. Stocks aren't done rallying here. Granted, while we may not see the S&P 500 tack on another 15% from here into the end of the year, stocks should be able to grind higher over the next several months for several reasons.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 S&P 500 Stocks to Weather the Earnings Storm What are those reasons? Let's take a closer look at why stocks can and will head higher from here, and why you should still be open to new stocks to buy. The Economy Appears to Be Stabilizing & ImprovingAbove all else, stocks could remain in rally mode for the rest of 2019 because the global economy, which has slowed over the past several months, appears to be stabilizing and even showing signs of improving.The OECD area Composite Leading Indicator (CLI) has been slipping since late 2017, but February 2019's month-to-month drop in CLI was the smallest month-to-month drop since early 2018. Thus, the decline is moderating. This is true for the CLI in the EU, the U.S. and China.Broadly speaking, economic conditions globally are stabilizing in 2019, while they are actually improving in the U.S. and China. If these economic improvements persist, stocks will naturally remain on an upward trend. A Trade War Resolution Could Be Coming SoonSource: Shutterstock One of the biggest headwinds which weighed on stocks in late 2018 was rising trade tensions between the U.S. and China. But, those trade tensions have cooled substantially in 2019. Now, the consensus on Wall Street is that a trade war resolution is coming soon.If such a resolution does happen soon, stocks will rally in a big way. China economic activity will re-accelerate. So will U.S. economic activity. Corporate revenue and margin headwinds will move into the rear-view mirror. Profit estimates will move higher. Investor sentiment will improve. * 7 Stocks to Buy for Spring Season Growth In other words, I wouldn't want to be on the sidelines if and when a trade war resolution comes in 2019. The Fed Has Gone DovishSource: Shutterstock Another huge headwind which weighed on stocks in late 2018 was a hawkish Federal Reserve, which was seemingly determined to hike interest rates regardless of the incoming economic data.This headwind, too, has reversed course in 2019. The Fed has done a 180, going completely dovish and adopting a data-dependent policy. The data right now, while good, doesn't show any inflation. As such, the Fed appears ready to hold rates steady for the foreseeable future.Zero rate hikes into the end of the year could add some much-needed juice back into this economy. The consumer economy will pick back up thanks to lower borrowing costs. The housing sector will rebound. So will the auto sector. Industrial activity will pick back up. Broadly speaking, the whole economy should continue to improve so long as the Fed stays on the sidelines. That improvement will ultimately help push stocks higher. The Bond Market Has RalliedSource: United States Treasury, Bureau of Public Debt via WikimediaOne of the biggest thing for stocks is their valuation gap relative to bonds. In plain English, the bigger that gap, the more attractively valued stocks appear, and the more room they have to run higher from a relative valuation perspective.Right now, that gap is really big, mostly thanks to the Fed holding rates constant, which has led to a bond market rally, and kept the yields on bonds depressed. Specifically, the 10-Year Treasury Yield today sits at just 2.6%. The S&P 500 forward earnings yield is 6%. That is a 340 basis point spread between bond and stock yields, which is huge from a historical standpoint. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot As such, relative to bonds, stocks remain historically undervalued. Because of this, until the bond market collapses, stocks will likely remain on an upward trajectory Valuations Are ReasonableSource: Shutterstock Even excluding valuation relative to bonds, stocks appear reasonably undervalued at current levels.The current forward-12-month price-to-earnings multiple for the S&P 500 is 16.7. That's only slightly above the five-year average forward multiple of 16.4. Plus, most analysts see 2019 as a weak year for earnings growth, and are projecting for 2020 earnings growth to be much better, given the global economic improvements outlined above.As such, fiscal 2020 EPS estimates for the S&P 500 currently sit at $187. A five-year average 16.4 forward multiple on $187 implies a 2019-end price target for the S&P 500 of over 3,050. The index currently sits around 2,900. Thus, upside into the end of the year looks good from a numbers perspective. The Market Has Leadership AgainSource: Shutterstock One thing close market observers always say is that in order for the market to head higher, you need market leadership. Translated, that basically means that financial markets are healthiest when there's a group of stocks which are paving the path for higher prices for the whole market.In the back half of 2016 and through all of 2017, the stock market had that leadership in large-cap tech stocks. The Nasdaq-100 Technology Sector rallied nearly 70% from July 2016 to December 2017, and that paved the path for a nearly 30% rally in the S&P 500. In 2018, the market lost that leadership. Tech stocks faltered, and the Nasdaq-100 Technology Sector dropped 6%. That likewise led to a 6% drop in the S&P 500. * 7 Stocks That Can Outperform for Years As economic and financial market conditions have improved in 2019, though, tech leadership has returned to the market. Tech stocks are up a whopping 30% year-to-date, and that has powered a robust 15% gain for the S&P 500. So long as this tech leadership persists, stocks should broadly head higher. Individual Narratives Are ImprovingSource: Shutterstock At the end of the day, the stock market is a collection of a bunch of individual stocks. Thus, so long as those individual stocks continue to do well, the stock market will broadly continue to do well, too.Presently, the outlook for individual stocks to head higher is favorable. Narratives across the market are improving. Digital ad stocks like Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) are shaking off 2018 data privacy concerns and turning on the growth engines in 2019. Semiconductor stocks like Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) are rebounding amid signs that the worst of this recent cycle downturn is over. Retail stocks like Walmart (NYSE:WMT) and Target (NYSE:TGT) are pushing higher amid renewed consumer confidence. Housing stocks like KB Home (NYSE:KBH) are in full rebound mode as confidence has returned to the housing market. China stocks like JD (NASDAQ:JD) and Alibaba (NYSE:BABA) are likewise rebounding strongly as China's economy has improved in 2019.In other words, individual stock narratives are dramatically improving. So long as these improvements persists, stocks will broadly head higher.As of this writing, Luke Lango was long FB, GOOG, NVDA, WMT, HD, KBH, JD, and BABA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 7 Reasons the Stock Market Rally Isn't Over Yet appeared first on InvestorPlace.
- Motley Fool•yesterday
Lofty Expectations for Driverless Cars Could Hurt These 3 Chipmakers
Investors should temper their expectations for Intel, Ambarella, and NVIDIA’s driverless efforts.
- Zacks•yesterday
Mellanox (MLNX) Earnings and Revenues Beat Estimates in Q1
Mellanox (MLNX) rides on robust demand of Ethernet adapters, switches and LinkX cables.
- Zacks•yesterday
Intel (INTC) Intends to Drop 5G Smartphone Modem Business
Intel (INTC) plans to pull out of the struggling 5G smartphone modem business to focus on enhancing its high-return data-centric domain.
- Market Realist•yesterday
China’s Slowdown Concerns Decline amid Strong Data
China’s Slowdown Concerns Decline amid Strong DataChina’s slowdown concerns China’s slowdown has been cited as the biggest risk for the global economy. Last year and at the beginning of 2019, there was a flurry of soft data points from China.
- Market Realist•yesterday
What Does Gundlach Have to Say about the Fed’s Next Moves?
Why Jeffrey Gundlach Thinks Now's a Good Selling Opportunity(Continued from Prior Part)Jeffrey Gundlach on central banks Jeffrey Gundlach presented his views on central banks’ policies and how they impact investments during his interview with The
- Market Realist•yesterday
NVIDIA’s Go-to-Market Partners Make GPU Deployment Easy
Here Are Some Secrets behind NVIDIA's Success(Continued from Prior Part)NVIDIA’s go-to-market partners NVIDIA (NVDA) has been strengthening its products by working alongside industry partners to identify the applications where AI (artificial
- Market Realist•yesterday
NVIDIA Reaches Low-End PC Users with GeForce NOW Services
Why Investors Should Have Faith in NVIDIA's Gaming Business(Continued from Prior Part)NVIDIA’s GeForce NOW NVIDIA (NVDA) has been benefitting from the growing popularity of gaming, as it supplies the most advanced gaming GPUs (graphics processing
- Market Realist•yesterday
Why Analysts Recommend a ‘Buy’ for NVIDIA
Here Are NVIDIA's Key Growth Catalysts(Continued from Prior Part)NVIDIA’s investments NVIDIA (NVDA) has been leveraging its platform strategy and product segmentation strategy to improve its profits while keeping its expenses in check. Its
- Investopedia•yesterday
Goldman Sachs' Stock Picks for a Slowing Economy
Goldman recommends owning shares of 50 stocks with low operating leverage for the current environment.
- Zacks•2 days ago
Nvidia (NVDA) Outpaces Stock Market Gains: What You Should Know
Nvidia (NVDA) closed the most recent trading day at $188.21, moving +1.9% from the previous trading session.
Market Realist•2 days agoNVIDIA’s Go-to-Market Strategy Differentiates It from Competitors
Here Are Some Secrets behind NVIDIA's Success(Continued from Prior Part)NVIDIA’s go-to-market strategyFor any business to grow, it needs a good product and a strong go-to-market strategy to put the product in the hands of the consumer. Many
- Market Realist•2 days ago
NVIDIA’s Accelerated Computing Makes Real-Time Inference a Reality
Here Are Some Secrets behind NVIDIA's Success(Continued from Prior Part)NVIDIA’s AI inference opportunity NVIDIA (NVDA) is an accelerated computing platform company, and its end goal is to accelerate computing. It has accelerated computing in deep
- Market Realist•2 days ago
How NVIDIA Increased Data Center Revenue Ninefold in Three Years
Here Are Some Secrets behind NVIDIA's SuccessNVIDIA’s data center business NVIDIA (NVDA) is a well-known name in the gaming and data center markets. Gaming is its biggest business, whereas data center is its fastest-growing business. Its data
- Market Realist•2 days ago
J.P. Morgan Says Most Chinese Equity Gains behind Us
Where China's Economy Is HeadingJ.P. Morgan In an interview with CNBC, a J.P. Morgan representative warned that Asian equity markets could deliver only modest returns for the rest of the year. Mixo Das, Asia equity strategist at J.P. Morgan, said,
- Market Realist•2 days ago
NVIDIA Banks on Ray Tracing for Future Gaming Growth
Why Investors Should Have Faith in NVIDIA's Gaming Business(Continued from Prior Part)Ray tracing NVIDIA (NVDA) is a leader in the PC gaming market because of its most advanced GPU (graphics processing unit) technology. In September 2018, it
Market Realist•2 days agoHow NVIDIA Selects AI Verticals to Pursue
Here Are NVIDIA's Key Growth Catalysts(Continued from Prior Part)NVIDIA’s strategy behind investing in new verticals NVIDIA (NVDA) offers the most advanced GPU (graphics processing unit) technology in all its core verticals of gaming, professional
- Market Realist•2 days ago
Gaming Notebooks Drive NVIDIA’s Gaming Revenue
Why Investors Should Have Faith in NVIDIA's Gaming Business(Continued from Prior Part)NVIDIA’s gaming revenue NVIDIA (NVDA) is a popular name in the gaming industry, as gaming enthusiasts and esports professionals prefer its GeForce GPUs (graphics
- Zacks•2 days ago
AMD's Latest Ryzen Embedded SoC Witnesses Rapid Adoption
AMD's recently unveiled Ryzen Embedded R1000 SoCs are witnessing robust adoption.
- Market Realist•2 days ago
NVIDIA Broadens Product Portfolio to Tap New Computing Markets
Here Are NVIDIA's Key Growth Catalysts(Continued from Prior Part)NVIDIA’s ecosystem NVIDIA (NVDA) has grown exponentially in the last three years. Its profit rose faster than revenue as the company leveraged a single GPU (graphics processing unit)
- Market Realist•2 days ago
NVIDIA to Benefit from PC Gaming Trends in the Long Term
Why Investors Should Have Faith in NVIDIA's Gaming BusinessNVIDIA’s gaming business NVIDIA (NVDA) is a popular name in the PC gaming industry, as more than 95% of gaming enthusiasts use its GeForce GPUs (graphics processing unit) to get the
- Market Realist•2 days ago
NVIDIA Taps Data Science Opportunity in the Data Center Market
Here Are NVIDIA's Key Growth Catalysts(Continued from Prior Part)NVIDIA in data science NVIDIA (NVDA) is the preferred choice for hyperscalers and HPC (high-performance computing). It powers 127 of the top 500 fastest supercomputers in the world
Motley Fool•3 days agoNVIDIA’s Latest GPU Strategy Could Boost Its Sales... or Backfire
The chipmaker upgrades its older GPUs with a feature previously reserved for newer cards.
