SNE - Sony Corporation

NYSE - NYSE Delayed Price. Currency in USD
72.48
-0.14 (-0.19%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close72.62
Open72.72
Bid72.02 x 900
Ask72.44 x 800
Day's Range72.16 - 72.72
52 Week Range41.91 - 72.95
Volume772,725
Avg. Volume988,424
Market Cap88.396B
Beta (5Y Monthly)1.55
PE Ratio (TTM)15.24
EPS (TTM)4.76
Earnings DateN/A
Forward Dividend & Yield0.37 (0.51%)
Ex-Dividend DateSep 25, 2019
1y Target Est82.50
  • 3 Factors to Consider for Nvidia Stock in 2020
    InvestorPlace

    3 Factors to Consider for Nvidia Stock in 2020

    Easily one of the best stories among the big technology firms, shares of Nvidia (NASDAQ:NVDA) returned almost 81% in 2019. Moreover, Nvidia stock is off to a solid start in the new year, up a little over 4%. Still, with the equity steadily approaching 2018's all-time highs, should investors adopt a more cautionary stance?Source: michelmond / Shutterstock.com It's a fair question because for one thing, Nvidia stock crashed hard shortly after it reached its peak market value. It turned out that you can't keep a good company down for long, which was great for speculators. However, shares are no longer the compelling undervalued pick they once were.Furthermore, the broader bull market will eventually wear out its welcome. Obviously, this could put pressure on Nvidia stock, which is levered toward businesses that are sensitive to consumer sentiment.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the flipside, the semiconductor industry is one of the few convincing bright spots in the U.S. economy. For example, the industrial production index for computers, communications equipment and semiconductors has skyrocketed since the Great Recession. Few other sectors, when adjusted for inflation, are as convincing as this technological category. * 10 Cheap Stocks to Buy Under $10 Additionally, Nvidia's peers, such as Intel (NASDAQ:INTC) and especially Advanced Micro Devices (NASDAQ:AMD), continue to build off their 2019 momentum. While that doesn't guarantee a smooth ride for Nvidia stock, over the long run, I see a continued upward trek for the tech giant. Specifically, here are three factors to consider. Nvidia Stock and Rising Importance of AIWhat makes Nvidia stock intriguing to investors is not just their processor prowess. Rather, the underlying company has shifted toward groundbreaking innovations such as artificial intelligence and deep learning.Currently, Nvidia has multiple initiatives for their AI interface, including improving citizen services. However, with the rise of geopolitical tensions and the threat of asymmetric attacks - that's a polite way of saying terrorism - AI can play a crucial role in next-generation defensive mechanisms.Better yet, Nvidia has partnerships in place to help develop the smart cities of tomorrow. Granted, the company's efforts are focused more on transportation efficiencies and safer operations. But with the AI platform in place, it wouldn't be a stretch to implement counterterrorism initiatives through innovations like facial recognition and behavioral analytics.Further, today's visceral threats don't involve bombs dropping from the sky from belligerent nations. Instead, law enforcement agencies are concerned about seemingly inconspicuous threats, such as domestic terrorism. However, AI is an effective tool to bolster security coverage, which in the long run could benefit Nvidia stock. Video Games Remain an Intriguing TailwindArguably, most people recognize the Nvidia brand for its premium graphics processing units or GPUs. And that's not a bad gig to have. Over the last several years, the video game industry has evolved from a niche segment of male nerds who have no chance of procreating to a surprisingly diverse and lucrative market.When it comes to video games, console makers, such as Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT), have dominated the headlines. Here, rival AMD scored a major coup when Sony announced that it will run its chips for the upcoming PlayStation 5. Obviously, that's not great news for Nvidia stock.Nevertheless, gamers can be separated into two categories: serious players and everybody else. For Nvidia, they have a strong case for addressing the former category due to their GPU expertise. Moreover, serious gamers are very much willing to fork over the dough.Out of the total worldwide gaming PC and accessory revenue, 43% can be attributed to sales of high-end gaming PCs. The rest is split between mid-range gaming PCs (35%) and entry-level gaming PCs (22%). In other words, as gamers dive into the realm of competitive gaming, their spending increases dramatically.Clearly, this benefits Nvidia stock, where the underlying tech firm has built a reputation on premium (read expensive) GPUs. Don't Ignore the Cryptocurrency RallyA few years back, one of the catalysts for the then-dramatically rising Nvidia stock price was the cryptocurrency rally. To make a long story short, cryptocurrencies emerge from complex transactional calculations associated with a particular blockchain architecture. I'm grossly oversimplifying the process but in order for a computer to complete the calculation in a quick enough timeframe, it must have stacks of advanced GPUs.This process, called mining, was profitable because the price of cryptocurrencies kept rising. But when the bubble popped, the mining industry no longer made economic sense. This immediately deflated demand for mining-specific GPUs, notably hurting Nvidia's revenue stream.Today, when people think about Nvidia stock, they're probably not considering bitcoin and other major cryptocurrencies. But in recent weeks, the price of bitcoin has significantly moved higher. For example, I mentioned the longer-term case for bitcoin on Dec. 19. Since then, the crypto has jumped approximately 30%.I'm not suggesting that you should buy Nvidia shares solely for a possible bitcoin comeback rally. What I am suggesting is that the crypto market is still relatively quiet. Thus, any GPU sales associated with virtual currencies is all bonus points for Nvidia.As of this writing, Josh Enomoto is long SNE and bitcoin. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Stocks to Buy Under $10 * 5 Retail Stocks Placer.ai Thinks Can Win Big in 2020 * 6 Cheap Stocks to Buy Under $7 The post 3 Factors to Consider for Nvidia Stock in 2020 appeared first on InvestorPlace.

  • Business Wire

    AM Best Affirms Credit Ratings of PMG Assurance Ltd.

    AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" of PMG Assurance Ltd. (PMG) (Bermuda). The outlook of these Credit Ratings (ratings) is stable.

  • Benzinga

    Report: Sony Making 'Horizon Zero Dawn' Available for PC

    "Horizon: Zero Dawn," a game exclusive to Sony Corp (NYSE: SNE )'s Playstation 4, will be out this year for personal computers, Kotaku reported Thursday. The publication cited Sony sources , ...

  • Sony (SNE) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Sony (SNE) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Sony (SNE) closed at $71.60, marking a -1.2% move from the previous day.

  • Benzinga

    PlayStation Will Again Skip E3, The Year's Biggest Video Game Conference

    Sony Corp's (NYSE: SNE) Sony Interactive Entertainment is rolling out the new PlayStation 5 this year, but it won't release it at E3, the biggest video game industry event. E3, put on by the Entertainment Software Association, or ESA, has been the industry's marquee event, and a major platform for companies to roll out new games and hardware in the past.

  • The Movie Biz: Greta Gerwig suffers from the utter piggish-ness of Hollywood
    American City Business Journals

    The Movie Biz: Greta Gerwig suffers from the utter piggish-ness of Hollywood

    In 92 years, the Academy of Motion Picture Arts and Sciences has nominated five women for Best Director. Film critic Eleanor Ringel-Cater says multiple women deserved to be number six in 2019.

  • Will Netflix's 24 Oscar Nominations Translate to Big Wins?
    Zacks

    Will Netflix's 24 Oscar Nominations Translate to Big Wins?

    Netflix's (NFLX) receives 24 nominations at Oscars. A win at the Oscar will bodes well for its top line and aid talent acquisition as competition intensifies in the streaming space.

  • Shaw Communications (SJR) Misses on Q1 Earnings & Revenues
    Zacks

    Shaw Communications (SJR) Misses on Q1 Earnings & Revenues

    Shaw Communications' (SJR) first-quarter fiscal 2020 results benefit from strong wireless growth despite losing customers in the wireline segment.

  • Are Investors Undervaluing Sony (SNE) Right Now?
    Zacks

    Are Investors Undervaluing Sony (SNE) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Benzinga

    Sony Not Attending E3 Second Year In A Row As It Prepares For PlayStation 5 Launch

    Sony has decided not to participate in the Electronic Entertainment Expo (E3), a premier trade event for the video game industry, this year as preparation for its upcoming PlayStation 5 launch is in full swing, reports The Verge. “We do not feel the vision of E3 2020 is the right venue for what we are focused on this year,” a Sony Interactive spokesperson told The Verge.

  • Sony Interactive will skip E3 again this year
    TechCrunch

    Sony Interactive will skip E3 again this year

    Sony Interactive Entertainment will skip E3 again this year and participate instead in "hundreds of consumer events across the globe," the company told GamesIndustry.biz today. The company, which is preparing to launch the PlayStation 5 before this holiday season, missed the show for the first time last year, after two decades of being one of its biggest exhibitors. As TechCrunch’s Devin Coldewey noted last year, Nintendo hasn’t held a formal E3 press conference in years, but still has a booth where attendees can play their games, and hosts a live stream.

  • CES 2020: Quibi is about to see if its $1.4 billion streaming bet will pay off
    MarketWatch

    CES 2020: Quibi is about to see if its $1.4 billion streaming bet will pay off

    Quibi is making a big push in a fledgling market amid furious competition between some of the world’s biggest media names for streaming customers. Its hope is it will resonate with a younger audience as an alternative in terms of content approach and delivery.

  • Hedge Fund Favorites vs. Sony Corporation (SNE) In 2019
    Insider Monkey

    Hedge Fund Favorites vs. Sony Corporation (SNE) In 2019

    While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]

  • Play "New Super Cycle" for Video Games With 3 ETFs & Stocks
    Zacks

    Play "New Super Cycle" for Video Games With 3 ETFs & Stocks

    Get set for a new super cycle in the video game industry with these stocks and ETFs.

  • Sony (SNE) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Sony (SNE) Outpaces Stock Market Gains: What You Should Know

    Sony (SNE) closed the most recent trading day at $71.03, moving +0.81% from the previous trading session.

  • Movie Review: Greta Gerwig's 'Little Women' is more full-blooded (and better) than 'The Irishman' and 'Avengers: Endgame'
    American City Business Journals

    Movie Review: Greta Gerwig's 'Little Women' is more full-blooded (and better) than 'The Irishman' and 'Avengers: Endgame'

    Nothing prepared film critic Eleanor Ringel-Cater for Greta Gerwig’s “Little Women,” an altogether splendid and imaginative rendering of a story she felt always seemed too familiar and, well, cozy.

  • AMD’s stock rises to a record after Mizuho says it is time to buy again
    MarketWatch

    AMD’s stock rises to a record after Mizuho says it is time to buy again

    Shares of Advanced Micro Devices Inc. rallied into uncharted territory Thursday, after Mizuho analyst Vijay Rakesh said he’s bullish on the semiconductor company again, citing expectations of server market share gains.

  • Golden Globe Wins to Boost These Streaming Media Stocks
    Zacks

    Golden Globe Wins to Boost These Streaming Media Stocks

    Quality content and original shows by streaming media houses were flag-bearers at the 77th Golden Globe Awards.

  • Zacks Market Edge Highlights: Sony, Square, NVIDIA, Lululemon and Apple
    Zacks

    Zacks Market Edge Highlights: Sony, Square, NVIDIA, Lululemon and Apple

    Zacks Market Edge Highlights: Sony, Square, NVIDIA, Lululemon and Apple

  • Stocks: Bull or Bubble?
    Zacks

    Stocks: Bull or Bubble?

    The 2019 stock market rally has extended into 2020 with the growth stock names continuing to hit new highs. Should investors be concerned?

  • Apple could be close to a $2 trillion company in 2020: top strategist
    Yahoo Finance

    Apple could be close to a $2 trillion company in 2020: top strategist

    Apple's stock still looks ripe for a lot more upside. This Apple insider explains why.

  • Is Sony (SNE) Stock Outpacing Its Consumer Discretionary Peers This Year?
    Zacks

    Is Sony (SNE) Stock Outpacing Its Consumer Discretionary Peers This Year?

    Is (SNE) Outperforming Other Consumer Discretionary Stocks This Year?

  • Sony, Funko, EOG Resources, Diamondback Energy and Chevron highlighted as Zacks Bull and Bear of the Day
    Zacks

    Sony, Funko, EOG Resources, Diamondback Energy and Chevron highlighted as Zacks Bull and Bear of the Day

    Sony, Funko, EOG Resources, Diamondback Energy and Chevron highlighted as Zacks Bull and Bear of the Day

  • Bull of the Day: Sony (SNE)
    Zacks

    Bull of the Day: Sony (SNE)

    Bull of the Day: Sony (SNE)

  • Top 5 ROE Picks to Buy Amid Spiraling Middle East Tensions
    Zacks

    Top 5 ROE Picks to Buy Amid Spiraling Middle East Tensions

    ROE is often used to compare the profitability of a company with other firms in the industry - the higher, the better.