$NVIDIA Corp(NVDA)$ $Tesla Motors(TSLA)$ $Apple(AAPL)$
Kia ora Tiger traders,
🎯 Navigating the Market Waves: Stocks to Watch on August 13!
The market is heating up as the week kicks off, with economic data on the horizon and earnings season still in full swing. There’s plenty to keep an eye on, so let's dive into today’s action. 📈
📊 Market Snapshot:
Nasdaq (IXIC): Up 0.21% - Tech stocks are flexing their muscles as the week begins. Did you know that the Nasdaq was the world's first electronic stock exchange when it launched in 1971? 💡
Dow Jones (DJI): Down 0.36% - A slight dip today, but remember, the Dow has weathered countless storms since its inception in 1896. 🌪️
S&P 500 (SPX): Flat - The S&P 500, launched in 1957, remains a benchmark for the American economy. Will it push into the green as the day progresses? 🟢
🧐 Fun Fact: In 1987, the Dow Jones experienced its largest single-day percentage drop, known as "Black Monday." While days like these are rare, they remind us of the market's unpredictability! 📉
🚀 Top Stocks to Watch:
NVIDIA (NVDA): Riding the AI wave, but can it sustain the momentum? Analyst reports suggest potential volatility, but the long-term outlook remains strong. As Warren Buffett once said, "The stock market is designed to transfer money from the Active to the Patient." 🧠
Tesla (TSLA): Post-earnings jitters have the stock all wobbly. Will it steady out this week? Analysts are divided, but many believe Tesla's innovation will drive future growth. Elon Musk himself once said, "When something is important enough, you do it even if the odds are not in your favor." ⚡
Apple (AAPL): With new product launches on the horizon, could this be the calm before the storm? Historically, Apple has thrived on innovation. Remember, Steve Jobs once said, "Innovation distinguishes between a leader and a follower." 🍏
🔍 Analyst Insights: Analysts are closely watching Nvidia’s next moves, given its dominance in the AI space. Tesla continues to be a mixed bag, with some predicting a short-term dip and others eyeing long-term gains. Apple, as always, remains a solid contender with its strong brand loyalty and innovative streak.
❓ Today’s Big Question: What are your moves today? Any hidden gems you’re eyeing or ready to pull the trigger on? Let’s discuss and share insights!
Happy trading ahead! Cheers, BC 🍀
@Daily_Discussion @Tiger_Earnings @MillionaireTiger @TigerPM @TigerStars @Tiger_chat @TigerGPT @TigerOptions @Tiger_comments
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
NVIDIA Corp (NVDA)
Business and Industry: NVIDIA is a leading technology company that specializes in designing and manufacturing graphics processing units (GPUs) for gaming, professional visualization, data centers, and automotive markets. The company is at the forefront of artificial intelligence (AI) and machine learning technologies, with its GPUs being widely used in AI applications.
Latest Earnings and Forecast: In the latest earnings report, NVIDIA reported an EPS of $0.60 for Q1 2025, with a gross profit margin of 78.35% and a net profit margin of 57.14%. Analysts forecast an EPS of $2.72 for FY 2025 and $4.35 for FY 2027. The company is expected to see strong growth in gross income and EBIT in the coming years.
Recent Trends: The stock price of NVIDIA is currently at $109.02 (USD). The support price is $103.03, and the resistance price is $111.63. The average cost is $112.22. In terms of capital flow, there has been some volatility in the past five days, with both inflows and outflows.
Analyst Insights: Analysts have mixed opinions on NVIDIA. While some predict potential volatility in the short term, many believe in the company's long-term growth potential, especially in the AI space. The mean target price estimated by 49 analysts is $137.11, with a low estimate of $50.30 and a high estimate of $200.00.
Tesla Motors (TSLA)
Business and Industry: Tesla is a leading electric vehicle (EV) manufacturer and clean energy company. The company designs, manufactures, and sells EVs, energy storage products, and solar energy systems. Tesla is known for its innovative approach to sustainable transportation and energy solutions.
Latest Earnings and Forecast: In the latest earnings report, Tesla reported an EPS of $1.40 for Q3 2024, with a gross profit margin of 46.26% and a net profit margin of 25.00%. Analysts forecast an EPS of $6.71 for FY 2024 and $7.49 for FY 2025. The company is expected to see significant growth in gross income and EBIT in the coming years.
Recent Trends: The stock price of Tesla is currently at $197.49 (USD). The support price is $177.41, and the resistance price is $247.41. The average cost is $225.14. In terms of capital flow, there has been some volatility in the past five days, with both inflows and outflows.
Analyst Insights: Analysts have divided opinions on Tesla. While some predict short-term volatility, many believe in the company's long-term growth potential, driven by its innovation in the EV industry. The mean target price estimated by 38 analysts is $236.23, with a low estimate of $183.86 and a high estimate of $300.00.
Apple (AAPL)
Business and Industry: Apple is a multinational technology company that designs, manufactures, and sells consumer electronics, software, and online services. The company is known for its iconic products, including the iPhone, iPad, Mac, and Apple Watch. Apple is a leader in the tech industry and has a strong brand loyalty.
Latest Earnings and Forecast: In the latest earnings report, Apple reported an EPS of $0.46 for Q2 2024, with a gross profit margin of 17.95% and a net profit margin of 5.80%. Analysts forecast an EPS of $2.34 for FY 2024 and $3.16 for FY 2025. The company is expected to see growth in gross income and EBIT in the coming years.
Recent Trends: The stock price of Apple is currently at $217.53 (USD). The support price is $207.12, and the resistance price is $217.72. The average cost is $208.77. In terms of capital flow, there has been some volatility in the past five days, with both inflows and outflows.
Analyst Insights: Analysts have a positive outlook on Apple, considering its strong brand loyalty and history of innovation. The mean target price estimated by 12 analysts is $236.23, with a low estimate of $183.86 and a high estimate of $300.00.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. The stock market is subject to inherent risks, and stock prices can fluctuate. It is essential to conduct thorough research and analysis before making any investment decisions.
To me I think could be:
Tech stocks are highly overpriced hence due for a steep correction.
Stock market has priced in the rate cut in Sep
Weakening economy in certain sectors, lower PPI, higher unemployment rate.
US debt in the trillions
Too much money still circulating the market
The Fed cut is to soften the hard landing which is to say the economy is slowing down
China recovery is not there yet and slow despite lax measures Implemented for banks
Geopolitical tensions may explode anytime particularly Russia and Middle East
Consumers are spending less due to high interest rate environment in some countries.
Warren Buffett liquidated Apple stocks by more than half?
So, the environment is very ripe for another steep sell off!!
Look at the charts. Tsla is going back down to $140. Then it will bounce.
NVDA will be $250 by year end and $800 by 2030.
Whether AI fails or booms, Do much or little, Chip Maker gets their money first. So Nvidia is a darling.
I can't believe anybody buys a Tesla. They become very expensive Paperweights in a short period of time.
will NVDA hit 200? before earnings or after
Great article, would you like to share it?