254.80 +1.11 (0.44%)
After hours: 7:25PM EDT
|Bid||254.40 x 2200|
|Ask||254.80 x 800|
|Day's Range||245.18 - 254.30|
|52 Week Range||152.91 - 269.20|
|PE Ratio (TTM)||42.17|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||0.60 (0.24%)|
|1y Target Est||280.66|
Robert Lutts of Cabot Wealth Management says Broadcom is in "the ninth inning" of their game as compared to NVIDIA which is at the forefront of the nascent artificial intelligence space.
The biggest stock market winners tend to have exceptional earnings growth, so see which companies today have the most explosive EPS gains.
The S&P 500 is an index containing the largest stocks in the country. Generally speaking, the index is also used as a benchmark, as everyone from retail investors to hedge fund managers compare their performance to it. With that being said, there are a lot of names in the S&P 500 that investors don’t want to own, simply because they are not performing well.
Here are some things going on today in the world of tech: Debating Those Ugly Netflix Numbers The Faang gang of stocks got a wobbly opening but is now solidly in the green, with Amazon.com (AMZN), Alphabet (GOOGL), and Facebook (FB) all rising. Netflix (NFLX), the proximate cause of the pain, is down $27.39, or almost 7%, to $373.09, which is something of a victory given it’s only half the decline the stock saw last night, after Netflix missed its own targets for net subscriber additions, and put expectations for more subscribers this quarter below consensus. The comments of management on the company’s video Q&A following the report is not exactly encouraging.
Is there that much money really on the sidelines? It sure feels that way. We have two of the biggest groups doing incredibly well, the techs which are advancing and the financials which are consolidating their gains, and those are both sectors that have been hit inordinately by China.
Morgan Stanley left a meeting with NVIDIA Corporation (NASDAQ: NVDA ) CFO Colette Kress convinced the weak outlook for the gaming business isn't anything to fret about. The Analyst Analyst Joseph Moore ...
Evercore ISI lowers its rating to in line from outperform for Intel shares, saying the search for the company's next CEO will add to investor uncertainty.
Advanced Micro Devices (AMD) first introduced its 14-nm (nanometer) technology in Polaris GPU (graphics processing unit) in Q2 2016, which boosted its discrete GPU market share to 29.9%, according to Jon Peddie Research. This market share increased to 33.7% in Q4 2017 and 34.9% in Q1 2018 as the cryptocurrency boom boosted demand for AMD’s GPUs.
Rumor mills are always churning about Advanced Micro Devices’ (AMD) next GPU (graphics processor units), and this time there are rumors about three GPUs: Polaris, Vega, and Navi. One rumor suggests AMD might launch the third iteration of Polaris under the “Polaris 30” series and the GPU will be built on GlobalFoundries 12-nm (nanometer) node and deliver 15% better performance than its predecessor.
Bluefin Research recently returned from a trip to Asia to survey demand in the semiconductor industry. Analyst Paul Peterson expects suppliers to beat Wall Street estimates in the coming earnings season and announce roughly in-line guidance.
Here are some things going on today in the world of tech: Two more analysts have downgraded Broadcom (AVGO) on its proposed acquisition of CA (CA), sending the stock down $2.18, or 1%, to $207.80. One persistent worry for GPUs has been the ebbs and flows of the cryptocurrency market, but "gamer demand also appears relatively muted,” writes Peterson.
Tech and media stocks made investors a lot of money over the past five years. According to a global study from the Boston Consulting Group (BCG), the nine of the 10 large companies that generated the highest shareholder returns from 2013 to 2017 all belonged to one of those two sectors. Chipmaker Nvidia Corp. ( NVDA) came out on top, followed by subscription service Netflix Inc. ( NFLX), semiconductor specialist Broadcom Inc. ( AVGO), China’s internet service portal Tencent Holdings Ltd. (TCEHY) and social network Facebook Inc. ( FB).
According to a new study from BCG, tech and media companies have provided the top returns for investors over the past five years. Nvidia and Netflix produced the highest returns. Chipmaker Nvidia NVDA was first, followed by Netflix NFLX , Broadcom AVGO , China's Tencent and Facebook.
(maker of Mercedes-Benz and Smart) and Bosch teamed up with Nvidia Corp. The two companies plan to use Nvidia's DRIVE Pagasus to fuel this aspiration for self-driving taxis. In April, Daimler and Bosch said the two companies would collaborate in an effort to bring autonomous vehicles to the market within five years.
The stock market has been in turmoil from back and forth global tariff war headlines mainly between the U.S. and China. This morning the stock market is bouncing from yesterday’s dip. Often when investors panic sell a quality company, it creates opportunities for those brave enough to catch the falling knife.
Less than two weeks out from earnings, Advanced Micro Devices, Inc. (NASDAQ:AMD) sits in an interesting spot. AMD stock sits not far from its highest levels in a decade. Rather, investors simply seem more optimistic toward the company, particularly newer lines like Ryzen and EPYC.
Of the 29 analysts monitoring AMD, 11 and 13 have “buy” and “hold” recommendations on the stock, respectively, while five, including Morgan Stanley and Bernstein, have “sell” recommendations. According to a MarketWatch article, Morgan Stanley analyst Joseph Moore retained an “underperform” rating on AMD but raised the stock’s price target from $8 to $11, representing a downside of 29% from its current trading price. Moore acknowledged AMD’s opportunity in the server CPU space but stated that revenue gains in this market would not be able to offset cryptocurrency losses in the intermediate term.
The Zacks Analyst Blog Highlights: Apple, NVIDIA, Lockheed Martin, Intercontinental Exchange and Johnson Controls
Advanced Micro Devices (AMD) stock rallied significantly in June, reaching its 12-year high of $17.3. The stock’s rally comes as investors become increasingly confident in the company’s earnings potential. The stock is currently trading above $15, which is higher than its median price target of $13.5. This has raised the question of whether the stock’s recent rally has changed its fundamental valuation.
June was a strong month for Advanced Micro Devices (AMD), Intel (INTC), and Nvidia (NVDA), with the three stocks reaching their peaks and then seeing corrections. To understand the trend of such price movements, let’s look at moving averages, which take the average of a stock’s prices over a certain period to understand in which direction its movement is skewed. A stock’s 200-day moving average shows its resistance when its price is below this average and its support when its price is above this average.
The trading action in Advanced Micro Devices, Inc. (NASDAQ:AMD) ahead of its quarterly earnings report is almost predictable. Conversely, if AMD stock does not trade higher in the weeks before quarterly results, it has a chance of rallying on any mildly good news. GlobalFoundries is moving its manufacturing to 7 nanometer, while Intel struggles with its 10nm process.