|Bid||248.30 x 1000|
|Ask||248.36 x 1100|
|Day's Range||246.76 - 249.93|
|52 Week Range||137.11 - 260.50|
|PE Ratio (TTM)||41.34|
|Earnings Date||Aug 8, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||0.60 (0.24%)|
|1y Target Est||250.42|
The next big opportunity for NVIDIA (NVDA) after AI in the data center space is AI in the automotive space. The automotive and transportation industry is working toward developing self-driving cars. Hence, NVIDIA’s automotive revenue is still coming from in-car infotainment, and because of this, its automotive revenue growth is slower than its growth in the data center and AI spaces.
As the Federal Reserve recently observed, the economy is continuing to expand. Granted, not all small and mid-caps will benefit from growth, but it you find some that have what it takes — expanding sales growth, growing earnings, strong momentum — they have all the makings of top-notch growth stocks. Granted, there are still big stocks with plenty of growth potential that missed my list — Amazon.com Inc (NASDAQ: AMZN) and NVIDIA Corp (NASDAQ: NVDA), for example.
The biggest stock market winners tend to have exceptional earnings growth, so see which companies today have the most explosive EPS gains.
Micron Technology, Inc. (NASDAQ:MU) stock has gotten out of its funk and in a big way. The price action on Micron stock looks more like that of a red-hot IPO, not a 40+ year old memory chip manufacturer. Then again, Micron stock has been subject to wide swings over the years.
Though IT giants such as HP Enterprise , IBM and Cisco Systems continue seeing major hardware pressures, it's not affecting the data center sales of some of their biggest chip suppliers too badly.
In the past 12 months, the Big Cap 20 and a "buy high" strategy could've made the individual investor some nice profits. A look at how success unfolded could help the next time around. Few stocks have done better than PayPal[ticker symb=PYPL] in price performance. A year ago, the Big Cap 20 stock was too extended to buy. Some individual...
NVIDIA’s (NVDA) value-added GPU (graphics processing unit) platforms—Quadro for professional visualization, Tesla for data centers, GeForce for gaming, and DRIVE for automotive—are being adopted increasingly across different markets. It is these value-added platforms that allow NVIDIA to command a higher price for its GPUs.
NVIDIA (NVDA) is working toward offering an end-to-end autonomous driving solution from the data center to AV (autonomous vehicle). Intel (INTC) is also working on an end-to-end solution for autonomous cars. NVIDIA is adopting its one-architecture approach on AV to ease software optimization.
A couple of weeks ago, I pointed out three compelling Artificial Intelligence (AI) stocks you may not have even known about. There are certainly more than three such artificial intelligence prospects though. Most investors fully understand that Nvidia Corporation (NASDAQ:NVDA) makes the hardware that powers most AI applications while International Business Machines Corporation (NYSE:IBM) is arguably doing the most to put artificial intelligence to practical use.
NVIDIA (NVDA), which earns more than 80% of its revenue from GPUs (graphics processing units), is expanding the application of these GPUs in verticals beyond gaming. The company has also renewed its focus on a second product, its Tegra SoC (system-on-chip), which is a low-power processor for devices needing power efficiency.
Autonomous driving appears to be the future of automotive. Almost every company in the automotive supply chain are working on SDC (self-driving cars). These companies include mapping companies, sensor companies, automakers, and major tech companies like Google (GOOG), Intel (INTC), and NVIDIA (NVDA).
Caterpillar, Tupperware, Nvidia, Texas Instruments and Intel as Zacks Bull and Bear of the Day
NVIDIA’s (NVDA) GPU (graphics processing unit) business has been growing rapidly due to the growing adoption of its GPUs across various applications, ranging from gaming to data centers. However, NVIDIA reported better-than-expected revenue in the first quarter of fiscal 2019 thanks to growing demand from crypto miners who use GPUs to mine Ethereum.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.