Vertigo3d My history charting Wall Street’s latest darling stock is pretty straightforward. There have been financial markets I have charted in, particularly during bear markets that, have come within dollars of their targets. Not Nvidia (NASDAQ:NVDA), it has shown its wave pattern hand and landed or in the latest bullish cases, exploded to target each…
wellesenterprises Thesis In my previous article about Nvidia Corporation (NASDAQ:NVDA), I rated the stock as a buy, explaining that the potential downside was very low. Therefore, this was a perfect opportunity to enter and wait for the company to surprise in their Q4 2024 earnings. Needless to say, the company indeed surprised us, and the…
J Studios Listen below or on the go on Apple Podcasts and Spotify Nvidia (NVDA) to buy two Israeli startups aiming to run AI models more cheaply. (00:25) META earnings call: More spending on AI ahead before payoff. (01:14) Microsoft-backed Rubrik (RBRK) prices IPO at $32/shr, above indicated range. (02:32) This is an abridged transcript…
J Studios Nvidia Corporation’s (NASDAQ:NVDA) stock price has been on a tear since October 2022, rising from a low of $108/share to $974 in March 2024. Recently, the stock price has slid to $762, falling by 10% on Friday, April 19, 2024 (the market cap is still $1.9 trillion). Is it a buy or sell?…
yodiyim/iStock via Getty Images The stock market has been acting strange for the last 2-3 weeks The truth is, the market has been acting strange for longer than that. We have seen the volatility index trading under 15 for weeks, yet in the last 2 weeks, we are in a range from 16 to almost…
BING-JHEN HONG NVIDIA (NVDA) plunged 10% last Friday for its worst session since March 2020. The move came on no major news but concerning earnings reports and outlooks from overseas semiconductor companies such as Taiwan Semiconductor (TSM) and ASML Holding (ASML) tempered the once-hot industry. Chip stocks command about a 10% weight in the S&P…
Mananya Kaewthawee In my April 2, 2024, Seeking Alpha article entitled “Moving Out Of QQQ And Into SMH As Magnificent 7 Shrinks,” I pointed out that investors looking for an alternative investment to Invesco QQQ Trust ETF (QQQ) can consider VanEck Semiconductor ETF (SMH), which continues to grow strongly in 2024. SMH is one of…
jiefeng jiang Investment Thesis The VanEck Semiconductor ETF (NASDAQ:SMH) has demonstrated remarkable performance, with a year-to-date daily total return of 31.03% and a 1-year daily total return of 81.45% as of March 22nd. SMH’s success can be attributed to its significant holdings in leading semiconductor companies, particularly Nvidia (NVDA) and Advanced Micro Devices (AMD), which…
Justin Sullivan/Getty Images News Nvidia Corporation (NASDAQ:NVDA) has been one of the best-performing major stocks in the last year as the increased demand for its artificial intelligence (“AI”) chips has exceeded all the macroeconomic and geopolitical risks that were threatening to undermine the company’s growth story. Even though Nvidia’s market cap in recent weeks has…
Spencer Platt/Getty Images News Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Nvidia’s GTC is now the AI Woodstock. (0:52) The Fed’s new dot-plot will be the big focus. (1:37) Reddit set to start trading. (2:24) The following is an abridged…
Ignatiev/iStock via Getty Images By Christopher Gannatti, CFA No stock has been hotter in this artificial intelligence (AI) cycle than Nvidia (NVDA) (NVDA:CA), which recently eclipsed a market capitalization of $2 trillion. Whether it can continue at this pace is a much more difficult question. We scoured a universe of thematic equity exchange-traded funds (ETFs)…
Justin Sullivan/Getty Images News Nvidia, are we at the end of the line? If you are thinking long term, the answer to the above question is probably “not.” Artificial Intelligence, as a bane or blessing, is here to stay, and obviously, Nvidia (NASDAQ:NVDA) is going to be a major player. However, if you are living…
TERADAT SANTIVIVUT The big reversal in Nvidia (NVDA) got a lot of attention on Friday, as the market darling closed down 5% on heavy volume. As of Friday morning, March 8th, 2024, Nvidia was up 17% in the last 5 trading days and as of the start of the day, was 42% above its 50-day…
Trifonov_Evgeniy/iStock via Getty Images I am starting to feel bullish as we might be sailing past the “Ides of March” On the surface, the price action of NVIDIA (NVDA) could be a concern, especially as we once again see key economic data – the CPI revealed on March 12, and the PPI revealed on the…
patpitchaya AI Hype Missed Texas Instruments Texas Instruments (NASDAQ:TXN) is a well-established semiconductor company focusing on trailing-edge process applications. Accordingly, Texas Instruments’s primary focus is increasingly on the 300mm wafers, underpinning its robust profitability expansion in recent years. Texas Instruments has also enhanced its manufacturing footprint, capitalizing on the strategic focus on domestic production. Nvidia…
SweetBunFactory You’d think that with all this AI hype, semi stocks broadly would be doing well. This of course until you dig deeper and realize how much of this narrative is being driven by just one stock (Nvidia, my fav!). Semiconductor stocks outside of Nvidia (NVDA) really haven’t done all that much since 2021, but…
mikkelwilliam Introduction and investment thesis Nvidia Corporation’s (NASDAQ:NVDA) latest earnings report had been eagerly awaited by the investor community. The main question was whether the chip giant could make up for diminishing revenues from China amid strengthening U.S. export regulations. As China consistently accounted for 20-25% of the company’s revenues, this wasn’t obvious at first…
Justin Sullivan A lot has happened since my last article on Nvidia Corporation (NASDAQ:NVDA). The last set of quarterly earnings was a true blowout. The net profit surged to incredible highs, and many investors got excited. Although the development was a positive, I would still take the results announcement with a pinch of salt. Here…
Justin Sullivan Last week, one of the great growth stories of our time continued when NVIDIA Corporation (NASDAQ:NVDA) reported its fiscal fourth quarter results. The chipmaker has seen its Data Center business soar thanks to a boom in accelerated computing and generative AI, sending shares to new heights. At this point, however, things are looking…
Justin Sullivan Systematic vs. Firm-specific The broad stock market, as proxied by the S&P 500 (SP500) is affected by two forces. First, there is the systematic risk, as related to the business cycle (growth, unemployment, inflation), which is generally managed by the Fed. Second, there are firm-specific or industry-specific events that generally affect only a…
Ralf Hahn We are looking at the last 5 weeks of the 4th quarter earnings for the S&P 500, and with the unofficial end of Q4 ’23 earnings this week with Walmart’s (WMT) report, despite the negativity about the quarter in November and December ’23, actual Q4 ’23 S&P 500 EPS growth was +10% as…
This article was written by Follow Lawrence Fuller has been managing portfolios for individual investors for 30 years, starting his career at Merrill Lynch in 1993 and working in the same capacity with several other Wall Street firms before realizing his long-term goal of complete independence when he founded Fuller Asset Management. He is the…
fotofrog Nvidia Corporation (NASDAQ:NVDA) is in our 2024MP Model Portfolio. We thought about selling before Q4 earnings were released, but here is why we did not. First and foremost, NVDA had our SID proprietary Buy Signal. It was not just a Buy Signal, but a very strong one at 94 out of 100 where 80…
Michael M. Santiago/Getty Images News Investment Thesis I believe that while NVIDIA (NASDAQ:NVDA), a leading force in the AI and data center chip market, produced powerful numbers in this recent quarter, investors should still take caution. Despite its impressive revenue surge, with overall revenues topping $22.1 billion in Q4 FY 2024, reflecting a strong 265%…
Justin Sullivan Listen below or on the go on Apple Podcasts and Spotify Nvidia (NVDA) Q4 Earnings Preview. (00:22) FuboTV (FUBO) files antitrust action against streaming venture partners Disney, WBD, Fox. (01:46) Amazon (AMZN) and Uber to be added to Dow Jones Indices. (02:40) This is an abridged transcript of the podcast. If you were…
Javier Ghersi/Moment via Getty Images Nvidia’s (NVDA) weighting in the various indices/ETFs: S&P 500: 4.25% Nasdaq 100 (QQQ): 5.21% Semiconductor ETF (SMH): 25% Recent analyst target price changes: 2/16/24: Loop Capital starts NVDA with a target price of $1,200 2/15/24: Piper Sandler $620 to $850 2/13/24: UBS from $580 to $850 Nvidia reports Wednesday, 2/21/24…
Flavio Coelho/Moment via Getty Images Listen below or on the go on Apple Podcasts and Spotify Nvidia is due for the most important earnings report in years. (0:15) Walmart reports results ahead of stock split. (2:05) How do the biggest modern bubbles look today? (4:59) The top story to look out for this week Chipmaker…
SOPA Images/LightRocket via Getty Images Here’s something interesting. UBS just published a bullish note on Nvidia Corporation (NASDAQ:NVDA), on which it increased both NVDA’s earnings estimates and price target, to $850. Yet, at the same time, it’s easy to argue that this note ought to raise investors’ alarms. This is so because something within the…
Bet_Noire From the Magnificent 7 to the Troubling 3. While the S&P 500 rose this past week to a new all-time high, what became clear was that the leadership in this index has contracted further. Gone are the magnificent seven of Tesla (TSLA), Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL) (GOOG), Microsoft (MSFT), Nvidia (NVDA), and…
NVIDIA Corporation (NASDAQ:NVDA) J.P. Morgan 42nd Annual Healthcare Conference January 8, 2024 1:30 PM ET Company Participants Kimberly Powell – Vice President of Healthcare Conference Call Participants Harlan Sur – J.P. Morgan Harlan Sur All right. Good morning. And welcome to the first day of J.P. Morgan’s 42nd Annual Healthcare Conference here in San Francisco….
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA) is undoubtedly valued unappealingly. However, the financials, growth and operations of the company are compelling. Amid concerns of a slowdown in artificial intelligence (“AI”) growth, I wanted to have a look to see if this was a company worth holding onto or if the elite valuation is too much. High…
Justin Sullivan When looking at the stocks listed in the S&P 500 Index (SP500), there is one stock that increased 234% year-to-date and clearly outperformed all other stocks – Nvidia Corporation (NASDAQ:NVDA). And while probably everyone else saw this coming, was bullish about Nvidia all along and – of course – invested in Nvidia and…
blackdovfx I always find it suspicious when a company is on a complete tear and some piece of the narrative is pulled out and held up well above the rest of the fundamental equation. This happened with NVIDIA Corporation (NASDAQ:NVDA) following its Q3 earnings report a few weeks ago. The company continued to blow away…
Antonio Bordunovi YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) is one of the classical YieldMax ETFs, which seeks to capture a part of the risk and return characteristics that are associated with very popular and liquid S&P 500 names. In NVDY’s case, as the name of the ticker already implies, the underlying is NVIDIA Corporation…
Justin Sullivan By Brian Nelson, CFA. The discounted cash flow (DCF) method is unique in that it uses an absolute approach to valuation. What does that mean? Well, instead of using relative valuation metrics, the DCF models the exact firm one is looking to value, taking into consideration all firm-specific variables, turning the qualitative into…
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA) just triggered our buy-on-weakness signal in the Timing (“Tmg”) column of the report shown below. It already has our most important Buy Signal shown in the SID column. This SID signal uses both fundamentals and technicals. NVDA is already in our 2024 Model Portfolio. Why is our Timing signal so…
Justin Sullivan Despite another blockbuster quarter and a blowout end-of-year guidance, Nvidia Corporation (NASDAQ:NVDA) stock has yet to recapture its all-time high beyond $500 apiece reached on the eve of its F3Q24 earnings release. The investment community has largely attributed the paradox to the stock’s rich valuation that is demanding perfect execution, which Nvidia has…
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA) released its FY 2024 Q3 results a few days ago as Seeking Alpha has covered here. Although Nvidia reported some impressive numbers, the market’s reaction was a little muted, at least in comparison to the frenzy seen after the last few reports. Does that mean expectations have finally leveled off?…
Nvidia is also working on two other chips, the L20 and L2, for the Chinese market. According to the Reuters report, one of the chips, L20, is not facing delays and is expected to launch according to the original schedule. Nvidia Corp (NASDAQ: NVDA), the California-based AI chip giant, has notified its Chinese customers of…
imaginima Nvidia’s stock has surged by around 240% this year thanks to its leadership position in the generative AI revolution. The AI market opportunity is undoubtedly massive, and the AI-related growth story has only begun. Many investors seem to be fixated on Nvidia’s superior AI chip, but it is also important to acknowledge the broader…
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA) stock is up more than 1,200% in the last five years and 238% year-to-date (YTD). However, even after beating fiscal Q3 2024 earnings estimates and issuing guidance that also surpassed expectations, the future cash flow expectations baked into the current stock price are disconnected from reality. We think they are…
We Are After the bell on Tuesday, we received fiscal third quarter results from Nvidia (NASDAQ:NVDA). The chipmaker has been one of the best performing names in recent years, and the stock has been close to an all-time high lately as data center revenues have soared thanks to the beginning of an artificial intelligence revolution….
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The deployment of the 24,000 chips should be completed by February 2024. Voltage Park, a nonprofit organization founded by billionaire Jed McCaleb, has acquired approximately 24,000 Nvidia H100 chips for approximately $500 million. According to The Business Time, the organization plans to lease AI computing power at a low cost to address the shortage of…
The two chipmaking giants will work on building AI factories for electric vehicles where Nvidia plans to use its own chips and software for the development. Two chip-making giants – Foxconn and Nvidia Corp (NASDAQ: NVDA) – have finally come together to build “AI factories” and data centers for a range of applications including self-driving…
Robert Way Listen below or on the go on Apple Podcasts and Spotify Foxconn (OTCPK:FXCOF), Nvidia (NVDA) tie up to build AI factories. (00:25) Microsoft (MSFT) said to sell $1B in 365 cloud tools to Amazon (AMZN): report. (01:18) RE/MAX says September home sales saw Y/Y decline of 17%. (02:11) This is an abridged transcript…
Aguus Summary The VanEck Semiconductor ETF (NASDAQ:SMH) looks like a poor option in the semiconductor ETF space. One may be better off simply owning Nvidia (NVDA) given the 20% stake, while the remaining portfolio is concentrated in more mature or even problem stocks such as Intel (INTC). My bottom-up analysis, using consensus estimates for all…
malerapaso The ETF market is constantly evolving to innovate new products to market to potential investors. YieldMax is juicing up the potential for income investors with its lineup of single stock options-based ETFs. With the moniker “Options For Your Income”, the family of funds covers several popular stocks such as Tesla (TSLA) and Apple (AAPL)….
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA), the “godfather” of artificial intelligence (“AI”) stocks, has dropped by about 20% from its recent all-time high as the rolling correction ravages the stock market. However, we should see more transitory downside in Nvidia as the selloff continues, and there is a high probability that we will have a considerable…
imaginima Over the past few months, Nvidia Corporation (NASDAQ:NVDA), a leader in developing high-performance graphics processing units and technologies for cloud service providers, has continued to delight investors with positive news that will affect its financial position for a long time. The main driver of business growth over the past two quarters has been the…