|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||239.50 - 245.63|
|52 Week Range||95.17 - 251.97|
|PE Ratio (TTM)||50.24|
|Forward Dividend & Yield||0.60 (0.24%)|
|1y Target Est||N/A|
Ruben Roy, MKM Partners managing director, and Ambrish Srivastava, BMO senior equity analyst, discuss what is impacting the semiconductors to go higher.
If we’re still in the midst of a stock market correction, someone forgot to tell Nvidia Corporation (NASDAQ:NVDA). While the market has fallen 6% since its late-January apex — dipping more than 10% at one point — Nvidia stock has actually gained steam.
Two of the hottest investments on Wall Street in recent months have been semiconductor stocks and cryptocurrencies , and the link is no coincidence. Cryptocurrency mining requires a massive amount of computing ...
The recent selloff produced an interesting opportunity for chip-maker Micron Technology, Inc. (NASDAQ:MU). MU stock, which has essentially doubled over the past year thanks to a favorable supply/demand situation in its core memory market, dropped from the mid-$40’s to below $40 in a matter of days in early February. The drop made no sense. Micron stock trades at just five-times forward earnings, so while valuation might be a concern for some hyper-growth tech stocks, that isn’t the case with MU stock.
Processing unit maker Nvidia Corporation (NASDAQ:NVDA) has had an impressive run over the past two years. The firm’s Graphics Processing Units (GPU’s) have taken off in popularity and their use throughout the gaming space has led NVDA stock to produce a slew of stellar quarterly results. After delivering triple digit gains last year and kicking off 2018 with growth of nearly 30% so far, Nvidia stock has been on investor’s radars for some time.
Zacks Investment Ideas feature highlights: Nasdaq 100 triple, NVIDIA, Alibaba, Lam Research and Apple
NVIDIA (NVDA) has been leveraging its Pascal GPU (graphics processing unit) architecture for two years, and it appears to be time for the company to move to a new architecture. This created excitement among tech enthusiasts that the company would launch a consumer version of Volta GPUs in 2018. This led to other rumors about NVIDIA’s new GTX 20 series GPUs.
Is NVIDIA’s high valuation justified? In this series, we’ve been discussing the increasing price of NVIDIA (NVDA) stock and how it’s making some money managers reluctant to buy the stock at such a high price. While some investors think that NVIDIA is expensive at $241, other investors think otherwise.
Artificial intelligence is the hottest trend in the tech sector right now -- and these two stocks are the best ways to play it for 2018.
The surge in the value of Bitcoin has dragged other cryptocurrencies higher, which in turn attracted many investors looking for some quick and easy ways to make a lot of money. Unfortunately, the popularity of cryptocurrencies have attracted a lot of what is commonly known as “dumb money” people who don’t really have the expertise to […]
NVIDIA (NVDA) has been a name synonymous with the technology shift toward AI (artificial intelligence). The company has been at the forefront of the AI revolution, with its GPGPUs (general purpose graphics processing units) dominating the AI data center market, and is now expanding AI beyond data center into applications that need computation beyond what Moore’s Law provides. NVIDIA is partnering with big and small companies and funding AI startups and researchers that are working on new AI applications.
In the past month, Wayne Himelsein's Logica Focus Fund gained 0.61% while the S&P 500 was down 3.17%. Making money when the market is down takes a great manager. Now Wayne is trimming his Netflix position to buy Nvidia, a stock which has recently been quite volatile.