150.45 +0.58 (0.39%)
Pre-Market: 5:47AM EST
|Bid||150.15 x 800|
|Ask||150.86 x 900|
|Day's Range||149.13 - 153.35|
|52 Week Range||124.46 - 292.76|
|Beta (3Y Monthly)||2.61|
|PE Ratio (TTM)||20.03|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.64 (0.44%)|
|1y Target Est||227.56|
Investors could have bought Nvidia in March 2016 and held them for long-term gains. Nvidia broke out again in May 2017, this time clearing a 121.02 buy point in a 12-weep cup.
Glancy Prongay & Murray LLP (“GPM”) 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”). On November 15, 2018, NVIDIA significantly cut its revenue guidance for the fiscal fourth quarter, revealing that revenue would decline by over 7% in the quarter—a significant departure from the 17% growth investors had been led to expect. NVIDIA attributed its poor financial results to surging inventory of midrange GPUs that built up in the channel before the rapid fade of cryptocurrency mining.
What Q4 Semiconductor Earnings May Have in Store for Investors(Continued from Prior Part)TSMC’s earnings are important for the semiconductor industry The Q4 2018 semiconductor earnings season will begin with the release of TSMC’s (TSM)
[Editor's Note: This article was originally published in September 2018. It has been updated to reflect changes in the market.] Amazon (NASDAQ:AMZN) has been one of the more impressive stocks of the past 25 years. In fact, AMZN now has returned well over 100,000% from its initial public offering (IPO) price of $18 ($1.50 adjusted for the company's subsequent stock splits). A large part of the returns has come from two factors. First, Amazon has vastly expanded its reach. What originally was just an online bookseller now has its hands in everything from cloud computing to online media to groceries. And its shadow is even larger … Amazon's buyout of Whole Foods rattled the retail market. Similarly, its entry into healthcare by buying PillPack -- as well as its healthcare partnership with Berkshire Hathaway (NYSE:BRK.B) and JPMorgan (NYSE:JPM) -- sent ripples through the healthcare sector. In response, Microsoft (NASDAQ:MSFT) teamed up with Kroger (NYSE:KR) to "build the grocery store of the future." And this week, MSFT and Walgreens (NASDAQ:WBA) announced a partnership to fend off Amazon. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Secondly, as a stock, AMZN has managed the feat of keeping a growth stock valuation for over two decades. I've long argued that investors can't focus solely on the company's high price-earnings (P/E) ratio to value Amazon stock. But however an investor might view the current multiple, the market has assigned a substantial premium to AMZN stock for over 20 years now, and there's no sign of that ending any time soon. * Top 10 Global Stock Ideas for 2019 From RBC Capital It's an impressive combination, and one that's likely impossible, or close, to duplicate. But these five stocks have the potential to at least replicate parts of the Amazon formula. All five have years, if not decades, of growth ahead. New market opportunities abound. And while I'm not predicting that any will rise 100,000% -- or 1,000% -- these five stocks do have the potential for impressive long-term gains. ### Stocks That Could Be the Next Amazon Stock: Square (SQ) Source: Chris Harrison via Flickr (Modified) Admittedly, I personally am not the biggest fan of Square (NYSE:SQ) stock. I like Square as a company, but I continue to question just how much growth is priced into SQ already. Of course, skeptics like myself have done little to dent the steady rise in AMZN stock. And valuation aside, there's a clear case for Square to follow an Amazon-like expansion of its business. Back in January, Instinet analyst Dan Dolev compared Square to Amazon and Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG), citing its ability to expand from its current payment-processing base: "In 10 years, Square is likely to be a very different company helped by accelerating share gains from payment peers and relentless disruption of services like payroll and human resources." Just as Amazon used books to expand into e-commerce, and then e-commerce to expand into other areas, Square can do the same with its payment business. The small business space is ripe for disruption, as Dolev points out. Integrating payments into payroll, HR, and other offerings would dramatically expand Square's addressable market - and lead to a potential decade or more of exceptional growth. Again, I do question whether that growth is priced in, with SQ trading at well over 90x forward earnings. But if -- again, like AMZN -- Square stock can combine a high multiple with consistent, impressive, expansion, it has the path to create substantial value for shareholders over the next five to 10 years. ### Stocks That Could Be the Next Amazon Stock: JD.com (JD) Source: Daniel Cukier via Flickr In China, JD.com (NASDAQ:JD) is the company closest to following Amazon's model. While rival Alibaba (NYSE:BABA) gets most of the attention, it's JD.com that truly should be called the "Amazon of China." Like Amazon (and unlike Alibaba), JD.com holds inventory and is investing in a cutting-edge supply chain. It, too, is expanding into brick-and-mortar grocery, like Amazon did with its acquisition of Whole Foods Market. A partnership with Walmart (NYSE:WMT) should further help its off-line ambitions. JD.com is even cautiously entering the finance industry. At the moment, however, JD stock is going in the exact opposite direction of AMZN. The stock has plunged of late. An arrest of the company's CEO has been a recent driver. So have mixed earnings reports and a Chinese bear market. Clearly, there are myriad risks here, even near the lows. But AMZN saw a few pullbacks over the years as well. And while JD may never rise to the scale of Amazon -- or even out-compete Alibaba -- at its current valuation it doesn't have to. JD now trades at near-40x forward EPS. That's despite a series of investments depressing near-term profitability -- and building out long-term capabilities -- and 40% revenue growth in 2017, with expectations for a nearly 30% increase in 2018. * 7 Media Stocks That Make Prime M&A Targets If investor confidence returns, JD has a path to enormous upside. And even with the near-term jitters facing the stock, the long-term strategy still seems intact, and likely the closest in the market to that of Amazon. ### Stocks That Could Be the Next Amazon Stock: Shopify (SHOP) Source: Shopify via Flickr E-commerce provider Shopify (NYSE:SHOP) probably doesn't have quite the same opportunity for expansion as Square. And it, too, has a hefty valuation, along with a continuing bear raid from short-seller Citron Research. But I've remained bullish on the SHOP story, even though valuation is a question mark, even after a recent pullback. Shopify is dominant in its market of offering turnkey e-commerce services to small businesses. That's exactly where consumer preferences are headed: small and unique over large and bland. And because of offerings like Shopify (and Amazon Web Services), those small to mid-sized businesses can compete with the giants. Meanwhile, Shopify does have the potential to expand its reach. Just 29% of revenue comes from overseas, a proportion that should grow over time. It's moving toward capturing larger customers as well through its "Plus" program, picking up Ford (NYSE:F) as one key client. The development of an ecosystem for suppliers and the addition of new technologies (like virtual reality) give Shopify the ability to offer more value to customers … and to take more revenue for itself. Like SQ, SHOP is dearly priced. But both companies have an opportunity to grow into their valuations. And considering long runways for Shopify's adjacent markets, it should keep a high multiple for some time to come. As a stock, if not quite as a company, SHOP has a real chance to follow the AMZN formula for long-term upside. ### Stocks That Could Be the Next Amazon Stock: Roku (ROKU) Source: Shutterstock Roku (NASDAQ:ROKU) might have the best chance of any company in the U.S. market to follow Amazon's strategic playbook. The ROKU stock price is a concern, given that the stock more than doubled in April and it has continued to climb higher, even amid the selloff in tech stocks in October. At 10x revenue, ROKU isn't close to cheap. But -- perhaps even more so than Square -- Roku now isn't what Roku is going to be in ten years. The hardware business is a loss leader, but one that allows Roku to serve as the gateway to content for millions of customers. As the company pointed out after recent earnings, it's already the third-largest distributor of content in the U.S. The Roku Channel is seeing increasing viewership. It's already up to more than 27 million viewers! The company offers pinpoint targeting of advertisements -- without the messy data problems afflicting Facebook (NASDAQ:FB). Roku is becoming increasingly embedded in TVs, though a deal between Amazon and Best Buy (NYSE:BBY) raised some fears about those software efforts going forward. It has a plan to roll out home entertainment offerings like speakers and soundbars, creating a long-sought integrated experience. It could even, as it grows, look to develop or acquire content itself, positioning Roku not as just a conduit to Netflix (NASDAQ:NFLX) but a rival. * 7 Video Game Stocks on Steep Discount The bull case for Roku stock is that its players are like Amazon's books -- not a great business on their own, but a way to garner customers and get a foot in the door of the exceedingly valuable media business. What Roku does now that it has entered will determine the fate of ROKU stock. But the amount of options and still a somewhat modest market cap (under $5 billion) mean that betting on its strategy could be a lucrative play. ### Stocks That Could Be the Next Amazon Stock: Workday (WDAY) Source: Workday Workday (NASDAQ:WDAY) is starting to look like the enterprise software version of Amazon. Its core HR product has driven huge gains in WDAY stock, which now has a $36 billion market cap. But Workday is just getting started. The company previously announced that it would buy Adaptive Insights to build out its financial planning capabilities. It has already rolled out analytics and PaaS (platform-as-a-service) offerings that add billions to its addressable market. Here, too, valuation looks stretched, to say the least, but the story here still looks attractive. Workday is never going to be as famous as Amazon, or as large. But if its strategy works, it will be as important to, and as embedded with, its corporate customers as Amazon is with its consumers. As of this writing, Vince Martin has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post 5 Stocks That Could Be the Next Amazon appeared first on InvestorPlace.
With examples from Facebook, Nvidia and Netflix, see how to spot and profit from three common chart patterns: cup with handle, double bottom and flat base.
NEW YORK, Jan. 15, 2019 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.
Ryan McQueeney recaps CES 2019 and highlights the hardware that industry bellwethers such as Google, Amazon, Intel, Nvidia, & Samsung flaunted at the world's largest consumer electronics show.
NEW YORK, NY / ACCESSWIRE / January 15, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against NVIDIA Corporation ("NVIDIA" or the "Company") (NASDAQ: NVDA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired NVIDIA shares between August 10, 2017 and November 15, 2018, both dates inclusive (the "Class Period"). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose adverse information.
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.
What AMD’s Q4 Results May Have in Store for Investors(Continued from Prior Part)AMD’s efficiency ratiosAdvanced Micro Devices (AMD) is preparing for a strong year, in which it is set to introduce its next-generation Ryzen, EPYC, and Radeon
Microsoft and Walgreens Sign Major DealMicrosoftEarlier this morning, American tech giant Microsoft (MSFT) announced its strategic partnership with pharmaceutical firm Walgreens Boots Alliance (WBA). After the announcement, the stocks of both the
A Look at AMD's Long-Term Financial Model(Continued from Prior Part)AMD’s price ratiosPreviously, we saw that Advanced Micro Devices (AMD) emerged from years of losses to profits and is now on track to achieve its long-term financial target in
What AMD’s Q4 Results May Have in Store for Investors(Continued from Prior Part)AMD’s gross margin So far, we saw that Advanced Micro Devices (AMD) could report weaker-than-expected fourth-quarter revenue due to channel GPU1 inventory surging.
# NVIDIA Corp ### NASDAQ/NGS:NVDA View full report here! ## Summary * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is low for NVDA with fewer than 5% of shares on loan. 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. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. ETFs that hold NVDA had net inflows of $12.61 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at advancements in artificial intelligence in 2019 and beyond. Last year saw considerable development in artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) in various sectors. This was seen in the proliferation of many startups using AI tech in various spaces, as well as the adoption of the technology by established industry leaders.
What AMD’s Q4 Results May Have in Store for Investors(Continued from Prior Part)AMD’s revenue seasonality So far, we’ve discussed how Advanced Micro Devices’ (AMD) strong CPU1 sales are mitigating excess GPU2 inventory in the channel. NVIDIA
AMD's 2019 Products Could Keep Intel and NVIDIA on Their Toes(Continued from Prior Part)AMD’s technical indicators We started this series by discussing the recent major product announcements made by Advanced Micro Devices (AMD) and its rivals
"We believe that [the] transportation industry is going to shift wholesale to electric, and Tesla is ahead of the pack," ARK Invest's Cathie Wood says.
What AMD’s Q4 Results May Have in Store for Investors(Continued from Prior Part)AMD’s Computing and GraphicsPreviously, we saw that Advanced Micro Devices (AMD) and NVIDIA (NVDA) are grappling with weak GPU1 demand. NVIDIA has been affected
A Look at AMD's Long-Term Financial Model(Continued from Prior Part)AMD’s capital structure Three years back, Advanced Micro Devices (AMD) was grappling with multiple years of losses, which led to negative cash flow. These losses strapped the