Nasdaq NVDA Nvidia

What happened Shares of Broadcom (NASDAQ: AVGO) were moving lower last month after the semiconductor designer known for network solutions and other chips offered underwhelming third-quarter results, and the stock responded to rumors that Google could drop it as a supplier.

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA), Micron Technology (NASDAQ: MU), and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.

Opportunity in October

International Business Machines Corporation IBM has introduced Threat Detection and Response Services (TDR), a new comprehensive suite of AI-powered technologies designed to augment an organization’s cyber defense capabilities. Le

Nokia Corporation NOK has established a state-of-the-art 6G research hub in Bangalore, India. The initiative is aligned with the Government of India’s ‘Bharat 6G Vision,’ which aims to make the country a prominent contributor to 6

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Wall Street's main indexes reversed course and rose on Friday following a boost from megacap stocks, with investors assessing a fresh jobs report that also pointed to slowing wage growth.

Growth stocks include companies with the potential for above-average revenue and earnings growth. While growth stocks can offer substantial returns, they are also associated with higher volatility and risk compared to other stocks. Nevertheless, to help investors choose the best growth stocks, TipRanks offers a  stock screener tool. Using this tool, we have shortlisted five growth stocks that have received Strong Buy ratings from analysts and whose price targets reflect upside potential of more than 10%. These stocks also carry Outperform  Smart Scores (i.e., 8, 9, or 10) on TipRanks. Lastly, these companies’ revenues have witnessed a compound annual growth rate of over 10% in the past three years. Let’s take a look at the stocks with the potential to grow and are analysts’ favorites. Lululemon Athletica ( NASDAQ:LULU)  – The athletic apparel retailer’s price forecast of $453 implies nearly 26% upside potential from the current levels.  The company’s revenue has grown at a three-year CAGR of 31.7% in the past three years. LULU stock has a Smart Score of 8 out of 10. Amazon ( NASDAQ:AMZN)  – The e-commerce giant’s price forecast of $176.02 implies 39.7% upside potential from the current levels.  The company’s revenue has grown at a CAGR of over 18.7%. AMZN carries a Smart Score of 8 out of 10. Over the last 25 days, AMZN stock has consistently received Buy ratings from 16 analysts. Nvidia ( NASDAQ:NVDA)  – The chip giant’s price forecast of $644.69 implies 44.3% upside potential.  NVDA’s revenues have witnessed 35.8% three-year CAGR. Four analysts rated the stock a Buy in the past 10 days, and NVDA stock has a “Perfect 10” Smart Score. Mercadolibre ( NASDAQ:MELI)  – Mercadolibre operates online marketplaces for e-commerce and online auctions. The stock’s average price target implies upside potential of 31.8%.  Its revenues increased at a CAGR of 62.9% in the past three years. Also, it has a Smart Score of 8 out of 10. Alphabet ( NASDAQ:GOOGL)  – The multinational technology conglomerate is widely known for its search engine, Google. The stock has upside potential of 11.6% based on its average price target of $150.70, and its  top-line numbers have grown at a CAGR of about 20.4%. Alphabet carries a Smart Score of 9 out of 10, and GOOGL stock received four Buy ratings in the past three days. Disclosure

Dell Technologies DELL is having a remarkable 2023, with shares up 64.6% year to date, driven by an expanding footprint in the field of artificial intelligence (AI).The company is expanding its Generative AI solutions portfolio, w

C3.ai AI forged a strategic partnership with ESG Book, aiming to revolutionize sustainability insights and capabilities for enterprise ESG teams.This collaboration addresses the intricate challenges of fragmented data, evolving st

Sabre Corporation SABR has entered into a new distribution agreement with the largest carrier in Latin America, LATAM Airlines Group. Per the latest agreement, LATAM’s New Distribution Capability (“NDC”) Content will be integrated

Micron Technology MU announced on Thursday that it has officially started the construction of a new memory chip factory in Boise, Idaho. This will mark the United States’ first memory chip manufacturing facility in the last 20 yea

Artificial intelligence (AI) has turned out to be a key growth driver for semiconductor stocks in 2023 thanks to the critical role that chips are going to play in the proliferation of this technology.

Wall Street's main indexes fell on Friday after a strong jobs report deepened fears that interest rates may stay elevated for an extended period.

Advanced Energy Industries AEIS is expanding its footprint in the artificial intelligence (AI) and machine learning (ML) domains. It recently introduced an extended range of ultra-high-density front-end power supplies with a 3200

Investor psychology is hugely important in the stock market. That's part of the reason why companies use stock splits to lower their share price, making them more attractive and accessible to smaller investors without changing the overall market value of the company. These events

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.

NICE’s NICE expanding clientele is strengthening its prospects. The Israel-based company is winning customers in the United States and Canada, thanks to its robust portfolio strength.The company recently announced that the Ottawa

The cryptocurrency market has regained its glory this year. Last year was disappointing as the Fed pursued aggressive monetary control with a massive hike in the benchmark lending rate to combat 40-year high inflation.