NVDA-Q
Today, NVDA announced it would buy the semi-maker business, Arm Holdings, from SoftBank today which should make NVDA the king of the semis. Though NVDA is up 100% this year, it continued to rise today. The deal is a game-changer and accretive to earnings. There is a fear that regulators will halt this deal. He firmly believes in CEO Jensen Huang. It's wrong to think that Nvidia is overvalued though it's trading at 57x earnings. In 2018, it was considered overvalued too, but actual earnings were so much higher than expected that the stock looked cheap in retrospect. He thinks that will happen again.
Today, NVDA announced it would buy the semi-maker business, Arm Holdings, from SoftBank today which should make NVDA the king of the semis. Though NVDA is up 100% this year, it continued to rise today. The deal is a game-changer and accretive to earnings. There is a fear that regulators will halt this deal. He firmly believes in CEO Jensen Huang. It's wrong to think that Nvidia is overvalued though it's trading at 57x earnings. In 2018, it was considered overvalued too, but actual earnings were so much higher than expected that the stock looked cheap in retrospect. He thinks that will happen again.
NVDA vs. INTC Does graphic processing. Took money off the table. Has now overtaken Intel in market cap. In e-commerce, data is everything, and this is where the chip makers contribute in three areas: memory, CPUs, and graphic processing units. Likes Intel, as it's hard to find value. Trading at PE of 9x. AMD is trading at 163x, and Nvidia is trading at over 90x.
NVDA vs. INTC Does graphic processing. Took money off the table. Has now overtaken Intel in market cap. In e-commerce, data is everything, and this is where the chip makers contribute in three areas: memory, CPUs, and graphic processing units. Likes Intel, as it's hard to find value. Trading at PE of 9x. AMD is trading at 163x, and Nvidia is trading at over 90x.
AI advacements? He likes DELL products. The stock does not have the greatest balance sheet however. He likes AI, but there are other device manufacturers that are better situated like NVDA, who is also well placed for gaming.
AI advacements? He likes DELL products. The stock does not have the greatest balance sheet however. He likes AI, but there are other device manufacturers that are better situated like NVDA, who is also well placed for gaming.
A GPU manufacturer. He struggles with their valuation metrics. They have good tailwinds and there will be more investment in data centres, machine learning and AI. They have exposure in gaming as well, where e-sports are growing.
A GPU manufacturer. He struggles with their valuation metrics. They have good tailwinds and there will be more investment in data centres, machine learning and AI. They have exposure in gaming as well, where e-sports are growing.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 9
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 11
Nvidia Corp is a American stock, trading under the symbol NVDA-Q on the NASDAQ (NVDA). It is usually referred to as NASDAQ:NVDA or NVDA-Q
In the last year, 11 stock analysts published opinions about NVDA-Q. 9 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Nvidia Corp.
Nvidia Corp was recommended as a Top Pick by Kim Bolton on 2020-09-21. Read the latest stock experts ratings for Nvidia Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
11 stock analysts on Stockchase covered Nvidia Corp In the last year. It is a trending stock that is worth watching.
On 2020-09-30, Nvidia Corp (NVDA-Q) stock closed at a price of $541.22.
