153.00 +3.71 (2.49%)
Pre-Market: 5:55AM EST
|Bid||152.75 x 3200|
|Ask||153.00 x 900|
|Day's Range||148.03 - 154.58|
|52 Week Range||124.46 - 292.76|
|Beta (3Y Monthly)||2.61|
|PE Ratio (TTM)||19.95|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.64 (0.42%)|
|1y Target Est||227.18|
Law Offices of Howard G. Smith reminds investors of the February 19, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased NVIDIA Corporation (“NVIDIA” or the “Company”) (NASDAQ: NVDA) securities between August 10, 2017 and November 15, 2018, inclusive (the “Class Period”). NVIDIA investors have until February 19, 2019 to file a lead plaintiff motion. Investors that suffered losses in excess of $1 million on their NVIDIA investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to firstname.lastname@example.org.
NEW YORK, Jan. 23, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
Intel (INTC) saw its stock price dip slightly during regular trading Wednesday, one day before the chip powerhouse is set to release its fourth quarter financial results. So, let's check out what investors should expect from Intel after the closing bell Thursday.
What Can Put China’s Sputtering Growth Engine Back on Track?(Continued from Prior Part)US-China trade talks As we discussed in the previous article, China’s economic growth is sputtering. The US-China trade war is in part to blame for the
LOS ANGELES, Jan. 23, 2019 -- Shares of technology company Nvidia Corporation (NASDAQ:NVDA) have rightly seen a meteoric rise as the company’s after tax profit has risen more.
The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
The fourth quarter was a bad one for semiconductor stocks. While the market as a whole struggled as well, semiconductor stocks took an extra painful drumming led by Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). Intel (NASDAQ:INTC) stock, however, was largely spared from the selling. The trade war with China has not improved sentiment on Wall Street and in particular, with semi stocks. Because Intel stock has weathered the storm so well though, investors are optimistic about its fourth-quarter earnings results coming up on Jan. 24 after the close. ### Intel Stock Earnings Analysts expect the company to earn $1.22 per share this quarter and $4.53 for the year. Those numbers are up notably over the last 90 days, from $1.09 and $4.16 per share, respectively. Presently, these estimates call for 13% year-over-year (YoY) growth for Q4 and over 30% growth for the year. InvestorPlace - Stock Market News, Stock Advice & Trading Tips On the revenue front, analysts expect sales of $19.01 billion for the quarter and $71.2 billion for the full year. If achieved, it will represent YoY growth of 11.5% and 13.4%, respectively. Should investors worry about Intel reporting a quarter like Nvidia or AMD, surprising the Street with a big revenue miss and poor guidance? I wouldn't expect it. I still like those companies for the long-term, but let's not forget that they were big crypto plays and once that revenue stream was shut off, they were left with a glut of inventory. Intel's not in the same boat and as a result, I wouldn't expect the same hangover. * 7 Stupidly Cheap Stocks to Buy Now It's also expected that Intel will raise its dividend. Last year, management bumped its quarterly payout by roughly 10% to 30 cents per share. Intel stock currently yields 2.5%. ### Evaluating Intel In Q2 there were some concerns about Intel, but those worries were wiped away when it reported third-quarter results. Earnings of $1.40 per share came in 25 cents per share ahead of expectations, while revenue of $19.16 billion came in more than $1 billion above estimates. Guidance also came in ahead of expectations. Would management give guidance that would be too hard to hit? Ordinarily not. So one would think that another beat could be in store, which would be necessary to spring Intel stock higher from here. Either way though, optimism from last quarter is surely making investors feel good about the coming quarter. That said, I would feel better about Intel if we had more certainty with its CEO. When the company finds a permanent replacement for former CEO Brian Krzanich, then investors will likely feel more comfortable owning the stock. ### Trading INTC Stock Click to Enlarge Shares of INTC stock have been trading relatively well and have certainly held up better than peers like Nvidia and AMD. In fact, unlike most stocks, Intel didn't put in a low near Christmas Eve. Instead it put in a higher low, a bullish development. As Intel stock slowly but surely grinds higher, it keeps bumping into the 200-day as resistance, right near this $49 to $50 level. What can we expect for earnings? A positive reaction likely thrusts Intel stock over this level. A close over $50 is bullish and will bring in buyers looking to push INTC higher. A negative reaction could thrust INTC stock below the 21-day and 50-day moving averages. If Intel pulls back but holds these moving averages, I would consider it a possible long setup. If these levels fail, wait for a test of uptrend support (purple line) near $44 to $45. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Consumer Stocks to Buy for Income * 7 Dark Horse Stocks You Really Need to Look at for 2019 * 7 Retail Stocks to Buy for the Rise of Menswear Compare Brokers The post Will Intel Stock Suffer Like Nvidia on Earnings? appeared first on InvestorPlace.
The tech earnings news flow gets underway this week with chipmakers Texas Instruments Incorporated (NASDAQ: TXN ) and Intel Corporation (NASDAQ: INTC ) scheduled to report. Activity is expected to pick ...
It seems, for now, like the collapse in Nvidia (NASDAQ:NVDA) stock has ended. Nvidia stock has bounced about 20% from late December lows. Of course, NVDA stock still sits more than 40% below October highs. Indeed, NVDA was one of the biggest victims of the market-wide sell-off that began in early October, and it's been one of the bigger beneficiaries of the "buy the dip" response to late December lows. But the decline in Nvidia stock wasn't caused just by broad market fears which means the bounce is going to take more than investors looking for bargains. And at least in the near term, I'm skeptical there's a catalyst for further upside here. NVDA fell sharply after Q3 earnings in November, largely due to weak guidance for the fourth quarter. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stupidly Cheap Stocks to Buy Now With those Q4 earnings on the way next month, Nvidia is likely to show little, if any growth. Pricing pressure caused by a cryptocurrency mining glut isn't going away any time soon. And news from chip rivals suggests pricing across the semiconductor space is getting worse, not better. Longer-term, the case for NVDA stock still looks intriguing, given multiple potential drivers. But the 17% rise in NVDA in the first three weeks of 2019 might be as much as investors can expect. ### The Pricing Problem The key question facing NVDA at the highs was whether it was an exception to the semiconductor rule. As chip stocks soared in recent years, investors seemed to forget that the semiconductor business historically has been a tough one. This wasn't just true of Nvidia, but also of rival Advanced Micro Devices (NASDAQ:AMD) and memory play Micron Technology (NASDAQ:MU). Pricing generally falls; performance has to steadily improve. Demand and supply imbalances often lead to cyclical booms and busts. A chip shortage leads prices to soar, production increases to meet the demand, and even as suppliers insist that this time they won't overproduce, a glut eventually emerges and prices and earnings plunge. Chip bulls last year began to argue that the cyclical days were over, as secular demand drivers like IoT (Internet of Things) and cloud computing would lead to years of rising sales. Semiconductor stocks like NVDA now could be - and were - valued like other tech plays. That thesis has been blown up, with Nvidia's Q4 a key reason why. And recent news suggests that pricing and supply will be a problem for some time. Taiwan Semiconductor Manufacturing (NYSE:TSM) slashed guidance coming out of its Q4 report last week. Even NVDA bulls have lowered 2019 projections. And Nvidia CFO Colette Kress seemed to give relatively muted commentary toward pricing, China, and datacenter at a recent conference. It looks like it's going to get worse (or at best stay bad) before it gets better for Nvidia. And so it seems unlikely that Q4 results next month will do much for Nvidia stock. ### The Long-Term Case for Nvidia Stock Long-term, admittedly, there's still a case for NVDA. The major growth drivers here, datacenter, automotive, even gaming, still exist. The valuation assigned NVDA looks much more reasonable, at about 20x earnings backing out the company's net cash. Analysts remain behind the stock, with an average price target of $228 suggesting over 50% upside. I'm simply not sure I see a catalyst ahead. Q4 numbers are likely to be disappointing. There's pricing pressure across the industry. And I do wonder whether NVDA is the best "buy the dip" play in the depressed chip space. Equipment manufacturer Applied Materials (NASDAQ:AMAT) looks attractive, as I wrote last month. Micron stock seems to have bottomed after earnings. More broadly, Nvidia stock clearly is a "show me" story. Even 20x earnings, which sounds cheap in the context of tech, is a relatively high multiple for a chip stock. It's a multiple that still incorporates long-term growth in the context of the still-real semiconductor cycle. It's going to take at least two quarters for Nvidia to show that growth and reignite investor confidence. Some investors may see that as reason enough to buy here, and simply wait for growth to come around. Personally, I think the opportunity in NVDA will still be there for the first half of 2019 at least, and potentially at a lower price. As of this writing, Vince Martin has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Consumer Stocks to Buy for Income * 7 Dark Horse Stocks You Really Need to Look at for 2019 * 7 Retail Stocks to Buy for the Rise of Menswear Compare Brokers The post Don't Jump on Nvidia Stock Just Yet, It Might Stay Stuck Awhile appeared first on InvestorPlace.
RBC Analyst: Tesla Is Valued on ‘Overly Lofty Expectations’Tesla Over the last few sessions, Tesla (TSLA) stock has been heading downward. The stock had fallen 13.9% as of yesterday, and it started this morning on a negative note, too. At 9:37 AM
Key Updates from Chipmakers: INTC, QCOM, AVGO(Continued from Prior Part)Qualcomm paid $1.0 billion to win Apple business Qualcomm (QCOM) and Apple executives were called to testify in the trial of an antitrust case brought up by the United States
End of Excess GPU Inventory Puts NVIDIA Back in Business(Continued from Prior Part)What end of excess GPU inventory means to consumers Previously, we saw that NVIDIA (NVDA) CEO Jensen Huang, in an interview with VentureBeat, stated that almost the
HENDERSON, NV / ACCESSWIRE / January 23, 2019 / Between self-driving cars and subscription car services, the auto industry is going to look completely different in coming years. The companies leading innovation ...
End of Excess GPU Inventory Puts NVIDIA Back in BusinessNVIDIA and excess GPU inventory NVIDIA’s (NVDA) stock was hit hard on November 15, 2018, when the company reported weaker-than-expected fiscal 2019 fourth-quarter guidance. The guidance
S&P 500 Bleeds on Reports of US-China Trade Talks Going off TrackUS-China trade talks On Tuesday, a Financial Times report sent tremors through the broader market. The report claimed that “The Trump administration has rejected an offer from
NEW YORK, NY / ACCESSWIRE / January 23, 2019 / U.S. markets declined on Tuesday, breaking a streak of four consecutive days in the green, on growing trade concerns. Stocks were pressured lower on reports ...
IBD's Accumulation/Distribution Rating can tell investors which top growth stocks funds are buying heavily, and which they are selling. Use it to your advantage.
Let's see what investors should expect from Intel's fourth-quarter financial results, including data centers and Internet of Things, ahead of the firm's Q4 earnings release Thursday.
NEW YORK, Jan. 22, 2019 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
The US Reportedly Cancels This Week’s Trade Talks with ChinaThe market sell-off On Tuesday, the broader market is trading on a negative note due to investors’ growing fear of slowing global economic growth. Yesterday, China’s National Bureau of