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(RTTNews) - Following the modest rebound seen in the previous session, treasuries saw some further upside during trading on Tuesday.

Canadian cannabis producer OrganiGram Holdings (NASDAQ: OGI) announced on Tuesday that it had secured its largest international deal ever. The company will supply up to 6,000 kilograms of dried cannabis flower to Canndoc, a medical marijuana producer in Israel. Only half the sa

(RTTNews) - Power Integrations Inc. (POWI) will present at the Stifel 2020 Virtual Cross Sector Insight Conference.

(RTTNews) - LendingTree, Inc. (TREE) will participate in the 40th Annual William Blair Growth Stock Conference.

(RTTNews) - Iridium Communications Inc. (IRDM) will present virtually at the William Blair Growth Stock Conference.

(RTTNews) - Salesforce.com Inc. (CRM) will participate in a fireside chat at the Stifel 2020 Virtual Cross Sector Insight Conference.

(RTTNews) - Salesforce.com Inc. (CRM) will participate in a virtual fireside chat at the William Blair 40th Annual Growth Stock Conference.

Nvidia’s (NVDA) recent market trouncing performance has rested on several key drivers. Namely, the outstanding growth of its data center segment, which over the last few quarters has been closing the gap on Nvidia’s biggest revenue generator, gaming, and a “friendly” macro environment which has played to the GPU leader’s strengths.

However, Nvidia has fingers in many pies, and is banking on several secular trends which are expected to ramp up in the 2020s. Along with making waves in the AI sector, the company is one of the leading players in the rising autonomous vehicle category.

For Needham analyst Rajvindra Gill, the investment firm’s recent Annual Automotive Technology Day was an opportunity to get closer acquainted with Nvidia’s “comprehensive end-to-end solution for all levels of ADAS/AV.”

The 5-star analyst was not disappointed, and said, “We believe that one of NVDA's key differentiators in automotive is that its NVIDIA DRIVE is the industry's only end-to-end platform from cloud to car and back to the cloud. NVIDIA DRIVE's end-to-end software-defined autonomous driving platform begins in the data center with the collection, archiving, and curation of data through the use of its algorithms. Once the data is collected, it is used to train models and then validated through simulation on the same architecture and then goes into the vehicle.”

Gill also points out DRIVE’s ability to run on a single, scalable architecture sets it apart from some of its peers, regardless of whether customers use it for L2 (level 2)+ ADAS (advanced driver assistance systems) or L4 completely autonomous driving applications. The ability to perform different tasks, from development and testing to validation for different applications on just one platform allows customers to save both time and money.

Additionally, unlike competitors such as Intel’s Mobileye, DRIVE offers an “open software platform,” which lets developers use Nvidia's OS, libraries, and algorithms to personalize their own applications.

Nvidia’s automotive business currently only makes up between 6-7% of total revenue. However, there’s a big opportunity in the space as Nvidia believes the TAM (total addressable market) of the automotive sector will be worth $30 billion by 2025.

Unsurprisingly, Gill is backing Nvidia and has a $400 price target to go with his Buy rating. Investors could be pocketing a 13.5% gain, should Gill’s forecast play out. (To watch Gill’s track record, click here)

Nvidia has strong backing from the rest of the Street, too. 27 Buys, 3 Holds and 1 Sell add up to a Strong Buy consensus rating. There’s upside of 8%, should the $379.58 average price target be met in the year ahead. (See Nvidia stock analysis on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

We are in a medically induced global economic downturn, yet the stock market is responding as if our decade-long bull run is still underway. The Nasdaq 100 is sitting at all-time highs, and the S&P 500 flipped positive for the year. The markets have been backstopped by the F

Taiwan Semiconductor Manufacturing (NYSE:TSM), the semiconductor company building a plant in Arizona, has reportedly secured aid from federal and state governments. 

In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 0.5%. Leading the group were shares of Platinum Group Metals, up about 8.3% and shares of New Gold up about 6.2% on the day.

Realty Income (NYSE: O) is a real estate investment trust (REIT) that has long been a favorite on Wall Street. There's good reason for that, but it means that stock is usually pretty expensive. That said, COVID-19 has upended things for REITs and the income investors that love t

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

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.

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.

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.