Nasdaq NVDA Nvidia

NETGEAR NTGR recently introduced the WBE750 Insight Manageable Tri-band WiFi 7 Access Point to address the needs of businesses requiring strong Internet connectivity. Per NTGR, the tri-band WBE750 can deliver up to 18.4Gbps total

Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

March S&P 500 E-Mini futures (ESH24) are up +0.20%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.14% this morning as investors looked ahead to a new round of U.S. economic data and geared up for a Federal Reserve meeting next week.

The "Magnificent Seven" stocks have paced the broader stock market for three years. That group comprises Amazon, Apple, Nvidia, Meta Platforms, Microsoft, Alphabet, and Tesla.

With a valuation of $43 billion, Databricks is the seventh most valuable start-up in the world.It boasts an impressive roster of investors that include famed venture capital (VC) firms Andreessen Horowitz and Tiger Global, as well as some of the world's largest businesses, includ

Given this week’s February inflation data, odds are high the Fed will stick to its “need to see more progress on a sustained basis” mantra.

Tech stocks have a long reputation for providing consistent and significant gains to patient investors. The chart below reflects this, with the Nasdaq-100 Technology Sector index delivering considerably more growth than the Nasdaq Composite and S&P 500 over the last decade.

Zscaler, Inc. ZS, a pioneer in cloud security, has announced a groundbreaking advancement in artificial intelligence (AI) innovations through its acquisition of Avalor. This move underscores ZS' commitment to fortifying its platfo

The "Magnificent Seven" stocks get a lot of attention, and for good reason. These seven stocks, which include Amazon, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, have demonstrated their value over time, with incredible businesses and high stock gains.

The area of artificial intelligence (AI) is hot right now, but that doesn't mean it's a short-term investment opportunity. You could score an even bigger win by choosing quality AI players and holding them for the long term as they take part in a potential AI revolution.

The "Magnificent Seven" stocks are a group of megacap technology companies that have thrived over the past few years and led this new bull market, but it's not been a smooth ride for every member of that group.Two key members, iPhone maker Apple (NASDAQ: AAPL) and artificial inte

Nvidia (NASDAQ: NVDA) was the best-performing stock in the S&P 500 in 2023. So far this year, it's also the best-performing stock in the entire index. The winners keep running higher as investors gravitate toward companies that are successfully monetizing artificial intellige

For more than a year, Wall Street has been putting smiles on most investors' faces. Following bear market declines in 2022 for the iconic Dow Jones Industrial Average, broad-based S&P 500, and innovation-fueled Nasdaq Composite, all three major stock indexes have powered thei

Japan's Nikkei share average dipped on Friday, as heavyweight technology shares tracked their U.S. peers down, while traders continued to position themselves carefully ahead of the Bank of Japan's (BOJ) meeting next week.

Japan's Nikkei share average dipped on Friday, as heavyweight technology shares tracked their U.S. peers lower, while traders continued to position themselves carefully ahead of the Bank of Japan's (BOJ) meeting next week.

Shares of Apple supplier Foxconn rose as much as 9.5% early on Friday to their highest in three years, a day after it reported a fourth-quarter profit that beat expectations and forecast a bullish outlook for this year due to booming demand for AI servers.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. Stocks on Thursday closed mildly lower on the bearish PPI and retail sales...

Chipmaker and AI prodigy Nvidia ( NASDAQ:NVDA ) continues its unstoppable upward journey, having more than tripled in value in 2023 and up about 78% year-to-date. The recent Q4 beat was spectacular and drove NVDA to its all-time highs. Being at the helm of the AI revolution, my bullish stance on NVDA remains. I am confident in its long-term potential for growth, driven by the artificial intelligence (AI) boom and its relatively favorable valuation. Hence, I will buy the stock at current levels. NVDA Posts Blowout Q4 Earnings Yet Again Now the third largest company in the world, Nvidia posted yet another blowout Q4 result on February 21, driven by accelerated computing and generative AI momentum. Adjusted earnings of $5.16 per share handily beat the analysts’ estimates of $4.59 per share. Also, the figure came in much higher (+486%) than the Fiscal Q4-2023 (ended January 2023) figure of $0.88 per share. Impressively, Q4 revenue jumped 265% year-over-year to $22.1 billion, surpassing the consensus estimate of $20.5 billion. On top of that, its adjusted gross margin expanded 10.6 percentage points to 76.7% from 66.1% a year ago. Importantly, NVDA’s crown-jewel segment, Data Center revenues, more than trebled year-over-year to $47.5 billion in Fiscal 2024. Q4 revenues for the segment also saw remarkable growth, increasing by 409% year-over-year to $18.4 billion. As expected, revenues declined in China due to the U.S. export control restrictions. During the earnings call, management affirmed that China represented only a mid-single-digit percentage of Data Center revenue in Q4 versus 20-25% on an average basis over the last few quarters. Looking ahead, the Q1 guidance appears promising, with revenues expected to hover around $24 billion. Adjusted gross margins are forecasted to be around 77%. Exuberating great optimism for the future, CEO Jensen Huang commented during the call, “We’re at the beginning of two industry-wide transitions and both of them are industry-wide. The first one is a transition from general to accelerated computing… [and] a second industry-wide transition called generative AI.” NVDA’s Long-Term Trajectory Remains Impressive NVDA is Wall Street’s favorite for a good reason. Over the last six years, Nvidia’s revenues have skyrocketed by nearly 9x, from $6.91 billion in FY2017 to $60.9 billion in FY2024 (see below). What’s even more applaudable is that its earnings have grown by 18x from $1.67 billion to $29.8 billion over the same period, thanks to its rising profit margins. This data instills in me a profound sense of confidence in NVDA’s strong business fundamentals and its anticipated growth trajectory, driven by AI. According to Wall Street estimates, NVDA is projected to achieve a net profit of $64.3 billion in Fiscal 2025, doubling from the $32.3 billion reported in the recently concluded Fiscal 2024. Furthermore, revenues are expected to surpass the monumental $100 billion milestone. These remarkable growth expectations provide compelling reasons to continue investing in this AI giant, especially considering that the growth narrative of disruptive generative AI is only just beginning. NVDA Could Likely Go for a Stock Split Inching closer to the $1,000 milestone price mark, many Wall Street analysts opine that a stock split could occur in the next year or so. NVDA underwent a 4:1 stock split in May 2021, when it was priced at approximately $600. This move facilitated easier access for smaller retail investors to purchase the stock. While a stock split doesn’t inherently alter the company’s valuation or fundamentals, it does broaden its investor base by attracting smaller investors. Other prominent companies that have opted for stock splits include EV maker Tesla ( NASDAQ:TSLA ) (in 2020 and 2022) and Apple ( NASDAQ:AAPL ), Amazon ( NASDAQ:AMZN ), and Alphabet ( NASDAQ:GOOGL ). Therefore, it is likely that NVDA may consider another stock split in the near future. NVDA Valuation Still Isn’t Expensive, Given Its Earnings Prowess Having overtaken Amazon by market capitalization and on the verge of eclipsing Apple’s market cap, many investors are hesitant to purchase NVDA stock amid its remarkable rally and concerns about overvaluation. On the contrary, however, NVDA stock is not expensive at all. Currently, it’s trading at an attractive forward P/E ratio of 36.9x (based on FY2025 earnings expectations). This is relatively cheaper than the multiples of its peer group. For instance, U.S.-based semiconductor company Advanced Micro Devices ( NASDAQ:AMD ) is trading at a forward P/E of 53.4x. Furthermore, its current valuation reflects a discount from its five-year average of 46x. These are attractive discount levels and likely present a great buying opportunity, given the supernormal growth potential for the AI market titan NVDA. Is NVDA Stock a Buy, According to Analysts? NVDA stands as an invincible force, a stock that garners widespread attention. With 39 Buys and two Hold ratings from analysts in the last three months, the consensus rating is unmistakably a Strong Buy. Nonetheless, the average Nvidia stock target price of $909.49 suggests that the shares will return 3.4% over the next year. Interestingly, the average target price has been increasing incredibly as analysts strive to match NVDA’s continuous record-breaking highs month after month. It has increased from $661 just three months ago to $909. Conclusion: Consider Buying NVDA for Its Long-Term AI Potential NVDA stock is poised to soar to unprecedented heights, propelled by the extraordinary growth expectations within the AI space. As an industry frontrunner, NVDA maintains a substantial lead over its competitors, boasting an almost monopolistic position with an approximately 80% market share in AI chips. This dominant position ensures a robust moat and solidifies its grip on the flourishing AI landscape. The insatiable demand for all things AI far outpaces the available supply, underscoring the potential for accelerated computing and generative AI adoption across various industries and regions. This trend is anticipated to be a primary driver of revenue and earnings growth for NVDA in the years ahead. With NVDA’s highly anticipated live GTC conference scheduled for March 18-21, my bullish outlook on the company remains steadfast, prompting me to purchase shares at their current levels. Disclosure

Warren Buffett's Berkshire Hathaway has been a net seller of stocks for five straight quarters. Should other value investors look to follow suit?

U.S. stocks dropped on Thursday, with chipmaker stocks extending losses for a second day, and as a jump in producer prices left investors wondering if the Federal Reserve might wait longer than expected to cut interest rates.