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🐂📈📈🐂🐂🐂$NVIDIA Corp(NVDA)$ beats earnings estimates for many quarters Nvidia is a semiconductor company that has beaten earnings estimates for eight quarters in a row. Its success can be attributed to the fact that it provides semiconductor chips to major tech companies like Apple, Microsoft, and Tesla. In February 2023, Nvidia stock gapped up 14% after beating Wall Street's earnings target for its fiscal fourth quarter and guided higher for the current period. This allowed the stock to top a 230.59 buy point from a three-weeks-tight pattern and join the prestigious IBD Leaderboard. Nvidia stock has a near-perfect IBD Composite Rating of 98, meaning it has outperformed 98% of all other stocks in IBD's database in terms of combined technical and fundamental metrics. It also carries a Relative Strength Rating of 98, indicating that it has outperformed 98% of all stocks in IBD's database over the past year. The stock often earns a spot on the IBD 50, Big Cap 20, and Sector Leaders lists. Nvidia's EPS Rating is 62 out of 99, and its SMR Rating is a B, on a scale of A to a worst E. The EPS rating compares a company's earnings growth to other stocks, while its SMR Rating gauges sales growth, profit margins, and return on equity. While Nvidia's earnings dropped year over year, data center revenue rose 11% to $3.62 billion, fueled by demand for AI chips. However, gaming chip sales remained weak, falling 46% to $1.83 billion. Analysts expect Nvidia earnings to rebound 34.3% in fiscal 2024, on a 10.8% sales increase. In summary, Nvidia is a strong semiconductor stock that has beaten earnings estimates for eight quarters in a row. Its success can be attributed to its provision of semiconductor chips to major tech companies. Its recent success in beating earnings estimates has allowed the stock to top a buy point and join the prestigious IBD Leaderboard. While Nvidia's earnings dropped year over year, data center revenue rose, and analysts expect earnings to rebound in fiscal 2024 🐯 🐯🐯🐯🐯🐯 Dear tiger readers Please help to share post also clicking the repost button and follow me as I published my post on my ideas and trading experiences and sometimes including my current dividend positions and winning sell call and put trades . 🦁🦁🦁🦁🦁Do follow me share my posts regularly So more people can learn about my trading methods and winning trades on selling covered calls and puts options I share my options trade below usually I sell at a higher price then buy back at a lower price for a profit I also try to reward the first 100 commenters at least 1 coins each who also help me repost and like the article 🌈🌈🌈🌈🌈🌈🌈🌈 As always do your on due diligence and tradings have risks Do feature me @MillionaireTiger @Daily_Discussion @TigerStars so more people learn sell cash covered put on good stocks and earn 1% or more per month
🐂📈📈🐂🐂🐂$NVIDIA Corp(NVDA)$ beats earnings estimates for many quarters Nvidia is a semiconductor company that has beaten earnings estimates for eight quarters in a row. Its success can be attributed to the fact that it provides semiconductor chips to major tech companies like Apple, Microsoft, and Tesla. In February 2023, Nvidia stock gapped up 14% after beating Wall Street's earnings target for its fiscal fourth quarter and guided higher for the current period. This allowed the stock to top a 230.59 buy point from a three-weeks-tight pattern and join the prestigious IBD Leaderboard. Nvidia stock has a near-perfect IBD Composite Rating of 98, meaning it has outperformed 98% of all other stocks in IBD's database in terms of combined technical and fundamental metrics. It also carries a Relative Strength Rating of 98, indicating that it has outperformed 98% of all stocks in IBD's database over the past year. The stock often earns a spot on the IBD 50, Big Cap 20, and Sector Leaders lists. Nvidia's EPS Rating is 62 out of 99, and its SMR Rating is a B, on a scale of A to a worst E. The EPS rating compares a company's earnings growth to other stocks, while its SMR Rating gauges sales growth, profit margins, and return on equity. While Nvidia's earnings dropped year over year, data center revenue rose 11% to $3.62 billion, fueled by demand for AI chips. However, gaming chip sales remained weak, falling 46% to $1.83 billion. Analysts expect Nvidia earnings to rebound 34.3% in fiscal 2024, on a 10.8% sales increase. In summary, Nvidia is a strong semiconductor stock that has beaten earnings estimates for eight quarters in a row. Its success can be attributed to its provision of semiconductor chips to major tech companies. Its recent success in beating earnings estimates has allowed the stock to top a buy point and join the prestigious IBD Leaderboard. While Nvidia's earnings dropped year over year, data center revenue rose, and analysts expect earnings to rebound in fiscal 2024 🐯 🐯🐯🐯🐯🐯 Dear tiger readers Please help to share post also clicking the repost button and follow me as I published my post on my ideas and trading experiences and sometimes including my current dividend positions and winning sell call and put trades . 🦁🦁🦁🦁🦁Do follow me share my posts regularly So more people can learn about my trading methods and winning trades on selling covered calls and puts options I share my options trade below usually I sell at a higher price then buy back at a lower price for a profit I also try to reward the first 100 commenters at least 1 coins each who also help me repost and like the article 🌈🌈🌈🌈🌈🌈🌈🌈 As always do your on due diligence and tradings have risks Do feature me @MillionaireTiger @Daily_Discussion @TigerStars so more people learn sell cash covered put on good stocks and earn 1% or more per month

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.

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