|Day Low/High||168.20 / 171.98|
|52 Wk Low/High||124.46 / 292.76|
The chip manufacturing giant, whose clients include Apple, Nvidia, AMD and Qualcomm, just reported strong June sales and beat its Q2 revenue guidance.
These top picks rose between 22% and 55% in the first half of 2019.
Apple's push toward services is a valuation-driven necessity.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
Skeptics say nothing was resolved with China deal, but they're wrong -- do they know our stock markets have run wild the first half of the year not despite, but because of the endless pessimism?
There still appears to be plenty of interest among chip developers in further consolidation, and the easing of export restrictions on Huawei might make them less worried about Chinese regulators.
Assuming that enough of you are either long NVDA, or at least have an interest in the name, let's take a look under the hood, and make a more determined decision here.
Pajama traders seem to be excited, but might be best served by not buying a higher open.
Equity index futures were rising Monday morning on positive trade news.
Talks between Washington and Beijing unlikely to end tariffs, but what would be worse? If the Fed chief dropped his guard on a single tweet.
Broadcom's Huawei mess is at the heart of Trump's disregard for what happens to American businesses.
If spun off, Waymo would offer a significant challenge to Tesla's ambitious self-driving efforts.
Despite hearing notions that autonomous vehicles are still years off, the idea of smart cars, entertainment consoles, and cybersecurity for cars is growing.
* The answer to the above question is... Slow, inept and impotent. * (Regardless of your political views) Tariff Man seems out of control * I have been of the strong view that President Trump's behavior and the shallowness of policy were destined to...
You and I are going to have to embrace short to medium term volatility across global markets, unless central banks move pro-actively.
This trade offers everything I'm looking for in defined risk and upside target.
The Taiwanese chip manufacturing giant has a blue-chip client list and is intent on maintaining its manufacturing technology edge. And its valuation looks reasonable.
The cold war with China is coming, regardless of administration flip flops on Huawei.
You can't start a discussion about the issue, though, without going right to the most impacted stock on earth: Apple.
Given the sidestepping of trade restrictions for the European chipmakers, they could be poised to fill the void left by larger U.S. competitors that have long been dominant in the region.
* What's wrong with rolling a 2.40% three month Treasury bill given the market action and fundamental uncertainties? * A Bull Market in complacency, in hyperbole and in hopium. * More evidence of a topping process. * Remember, buyers live higher and...
We looked at the charts of NVDA last week, but things look weaker now.
CRM is still suffering, but a number of other cloud stocks are still hot. Here is how to play it.
Implied volatility is near three-month lows too, so there is not much expected of NVDA as far as movement right now.
Overall, there is nothing about the earnings report that makes me want to scream 'buy the stock'.