148.68 -0.21 (-0.14%)
After hours: 4:08PM EST
|Bid||148.81 x 900|
|Ask||148.97 x 800|
|Day's Range||147.44 - 153.38|
|52 Week Range||133.31 - 292.76|
|Beta (3Y Monthly)||2.65|
|PE Ratio (TTM)||19.90|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.64 (0.40%)|
|1y Target Est||228.88|
Yesterday’s analysis of Nvidia’s challneges triggered a surge of mail from readers. One major vein of reader feedback was around the remarkable short-termism of my analysis, which (mostly) looked at Nvidia over the past 60 days. Nvidia was on a huge run because of Bitcoin and the associated run on GPUs by miners.
Shares of Micron (MU) have plummeted over 40% in the last six months along with the broader semiconductor market. Now, the question is should investors consider buying beaten down Micron on the dip ahead of its upcoming earnings release Tuesday?
NVIDIA’s (NVDA) stock has been in a free fall since October. The stock has plunged by nearly 50% in just over two months. Before that, the stock grew tenfold in less than two years. The NASDAQ Composite Index has declined by only 11.7% since the start of October.
Nvidia Corp. shares have gotten crunched in recent weeks after the company admitted that it was still suffering from a prolonged “crypto hangover,” but Citi analyst Atif Malik argues that the selloff has created an attractive entry point.
It's time to add Nvidia to the Christmas shopping list as semiconductor stocks start to carve out a price floor after a steep sell-off, Citigroup told clients Thursday.
NVIDIA (NVDA) stock has had a dream run in the last three years. NVIDIA stock had the biggest one-day drop in more than a decade on November 16 when its stock fell 19%. The company blamed the end of the cryptocurrency mining boom for the slowdown in demand for its GPUs.
The Dow Jones Industrial Average and the S&P 500 were rising sharply Wednesday. Tencent Music begin trading on the New York Stock Exchange Wednesday and the stock jumped 8.8% to $14.14. The initial public offering for the Chinese streaming company was priced at $13, the low end of its expected range.
Now, according to MarketWatch, Cowen suggests that AMD is “among best ideas for 2019.” This statement comes after Cowen named Amazon the best investment for 2019. 2018 was particularly strong for AMD, as it gained share in the desktop, laptop, and graphics processing unit (or GPU) markets. Although the end of the cryptocurrency boom could affect AMD somewhat, Nvidia (NVDA) is likely to suffer more since it has more exposure to GPUs.
As of December 11, Apple stock has lost about 25.3% sequentially compared to a 9.5% and 12.1% drop seen in the S&P 500 Index (SPY) and the NASDAQ Composite Index (QQQ), respectively. On December 12, Apple seems to be on a recovery path. At 10:11 AM EST, Apple was trading at $171.03 with 1.4% gains.
Among the 27 analysts covering Qualcomm (QCOM), 13 recommended a “buy,” while 14 recommended a “hold.” None of the analysts recommended a “sell.” The company will likely continue to perform well despite the trade war and other global headwinds. Analysts have set a target price of $68.50 for the stock and a median consensus estimate of $68.00. Qualcomm was trading at $57.11 on December 4—a 16.0% discount to its consensus median target estimate.
Verizon VZ was downgraded to "equal-weight" from "overweight" at Morgan Stanley, which notes Verizon's year-to-date outperformance compared to both the S&P 500 and rival AT&T T . Morgan Stanley feels the stock is now fairly valued and that good news is already priced in. Mallinckrodt MNK – The Food and Drug Administration declined to approve a reformulated version of the British drug maker's opioid painkiller Roxicodone.
U.S. stock futures rose on Wednesday, Dec. 12, and global stocks traded higher as investors cheered progress in U.S.-China trade talks but kept a watchful eye on developments in the United Kingdom, where Prime Minister Theresa May faced a leadership challenge that could deepen the country's political crisis. Contracts tied to the Dow Jones Industrial Average rose 178 points, futures for the S&P 500 gained 19.50 points, and Nasdaq futures jumped 61.50 points. Donald Trump told Reuters he was pleased with the early progress in trade talks with Beijing, and said he would be prepared to meet with Chinese President Xi Jinping if it would bring the sides closer to a comprehensive agreement.
Chip maker Broadcom (AVGO) has strong cash flows and has been rewarding its shareholders with dividends and share buybacks. In the fourth quarter of fiscal 2018, the company’s cash flow from operations was $2.64 billion compared to $2.25 billion in the previous quarter and $1.96 billion in the previous year’s quarter. Broadcom generally returns 50% of the previous fiscal year’s free cash flow to stockholders in the form of cash dividends.
Shares of Intel (INTC) have popped over the last few months on the back of a solid third quarter. Plus, the chipmaking powerhouse's Q4 and full-year projections look strong. So, let's see why Intel stock looks like a strong buy as we head into 2019.
TOKYO (Reuters) - SoftBank Group Corp (9984.T) is planning to sell its stake in Nvidia Corp (NVDA.O) early next year as the U.S. chipmaker's shares slide, Bloomberg reported, citing people familiar with ...