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Nasdaq news

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[verwijderd] 26 juni 2020 14:01

NVDA stock has been another value creator for investors in the last year. The stock has surged by 15%. With innovation-driven growth, I believe that Nvidia has even more upside potential.

Specific to esports, Nvidia offers the GeForce GTX 10 Series graphics cards. The card is already being used in top esports games globally. It goes without saying that as the esports market gets bigger, the sale of graphics card will accelerate. Nvidia therefore stands to benefit from the promising growth outlook.

Earlier this year, Nvidia also announced the new G-SYNC esports displays. This is in collaboration with Asus and the displays will be available later in the year.

Analyst estimates point to earnings growth of 16.9% on an annual basis for the next five years. This factor makes NVDA stock attractive even after its big rally.

[verwijderd] 1 juli 2020 23:10

A modest rally on Wednesday carried tech stocks Amazon (AMZN), Netflix (NFLX) Tesla (TSLA) to new record highs, which helped the Nasdaq close at a fresh high.

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