Nvidia’s stock-market hot streak is far from over, according to Wall Street analysts

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Nvidia's stock has been a massive outperformer lately, and the company's latest results suggest to some analysts that the name is not done running up.

Nvidia Corp.’s stock has been a massive outperformer lately, and the company’s latest results suggest to some analysts that the run-up is not finished.

Taking into account a 12% Thursday gain as of midday, Nvidia shares NVDA are up 59% this year, as the S&P 500 SPX has risen about 4% and the PHLX Semiconductor Index SOX has rallied 16%. Bernstein’s Stacy Rasgon also sees more room to rally for Nvidia shares. “Given the run the stock has had we believe many were nervous into the print, but the results seem to bolster the set-up from here which seems good at this point,” Rasgon wrote. “Tactically, following the results investors can now buy the stock at the start of a datacenter ramp, with a strong gaming trajectory.”

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Wall Street analysts are getting paid or bag holders this is why $nvda earnings were 🗑 🚮

Such Bs… $pypl

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street set to break four-session losing streak, led by Nasdaq after Nvidia earnings popU.S. stock futures point to higher start after a string of losses as traders welcome a bounce in Nvidia shares following the graphics-chip specialist's...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Another stock market crash coming, Wall Street's top investors warn'We haven't left the bubble': Wall Street's elite investors are privately warning that the stock market is headed for a second wave of pain Thanks for information
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Another stock market crash coming, Wall Street's top investors warnThe stock market is off to a high-flying start this year — so why are Wall Street's top investors privately getting ready for a big fall? lopezlinette explains the factors behind Wall Street’s fear of a hard landing. ⬇️ Rapid US economic growth makes inflation harder to kill. It means the Federal Reserve has to keep hiking interest rates, breeding volatility and uncertainty in markets. A hot economy is good for average Americans, but a double-edged sword for Wall Street. lopezlinette nice post lopezlinette Prepare for the worst
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »