![]() I’m pleased at the improvement this time around, and want to see that continue. And some of its business fundamentals, like operating margins, hadn’t been quite up to par in previous quarters. In the full year 2019, revenues and earnings were both down slightly year-over-year, though still far afield of what analysts expected. (Anyone who says they’ve got “the perfect stock” is probably trying to sell you a pack of baloney.) Looking ahead to next quarter, Nvidia cautions that results could be constrained by the effects of the COVID-19 coronavirus outbreak. ![]() That’s not to say that everything’s perfect with NVDA. Instead, in last night’s report, NVIDIA delivered even better numbers: 41% revenue growth and 136% earnings growth! In response, NVDA stock blasted to a new 52-week high today of $294.95. Sure, Nvidia pays a dividend, but it’s only 0.09 per year. That would have been 34.2% revenue growth and 107.5% earnings growth. Nvidia’s quarterly release will be high-stakes because NVDA stock holders could really use a boost now. ![]() These GPUs, when integrated into AI models, are helping the company expand its footing in markets like automotive, healthcare, and manufacturing, thus boosting its top- and bottom-line performances. Since my latest buy signal for NVDA stock in Growth Investor in May 2019, NVIDIA has “beat the Street” every single quarter.ħ Exciting Stocks to Buy for Aggressive Investorsįor example, in the fourth quarter, analysts were expecting earnings of $1.66 per share on sales of $2.96 billion. The proliferation of artificial intelligence (AI) is fueling the demand for semiconductor giant NVIDIA’s (NVDA) GPUs (graphic processing units). Add it all up, and you’ve got a company that’s been consistently defying expectations. ![]()
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