Key Points The market’s only $5 trillion stock is cheaper than you think, trading for an earnings multiple in the high teens for next year. Investors have initially blown off the past year of quarterly reports, but Nvidia stock is still crushing the market in that time. Even a monster stock buyback and dividend hike…
Key Points Elon Musk’s SpaceX confidentially filed to go public about a month ago. SpaceX is reportedly targeting an IPO valuation of as much as $2 trillion. Jim Cramer recently highlighted some risks about the structure and narrative around SpaceX’s IPO. These 10 stocks could mint the next wave of millionaires › As the longtime…
Key Points Apple’s economic moat, share buybacks, and customer loyalty make it appealing. Berkshire has exited Visa and Mastercard, but two key factors may explain why it’s holding on to American Express. Coca-Cola is a stock to buy and hold due to both its dividend and durable business. 10 stocks we like better than Apple…
Key Points Tesla’s stock has lost its momentum as the company’s core electric vehicle segment has continued to struggle. CEO Elon Musk has expressed grand visions about how artificial intelligence will change the game at Tesla, but investors are beginning to demand proof. The upcoming SpaceX IPO could be a catalyst for Tesla stock. These…
Key Points A valuation of over $5 trillion shouldn’t scare investors away from Nvidia stock. Some may be overlooking what makes Nvidia unique. Nvidia generates enormous free cash flow, and it is increasingly returning some to shareholders. 10 stocks we like better than Nvidia › Nvidia‘s (NASDAQ: NVDA) quarterly earnings reports are among the most…
Key Points A broad rally in beaten-down software stocks, combined with a positive analyst note, helped Advanced Micro Devices (NASDAQ: AMD) stock to rise by over 8% on Wednesday. Another factor positively affecting sentiment was the company’s position as an incumbent chipmaker, on a day when the most high-profile company in that space reported earnings….
Key Points Nvidia (NASDAQ: NVDA) has long been the “go-to” source for the top-performing artificial intelligence (AI) chips. The company’s graphics processing units (GPUs) fuel unavoidable AI tasks, like the training of models or the inference process that guides them through problem-solving. All of this has pushed Nvidia to double- and triple-digit earnings growth in…
Alphabet GOOGL shares closed at $387.66 on Tuesday, near the 52-week high of $408.61 GOOGL shares hit on May 18. Year to date (YTD), the company’s shares have surged 23.9%, outperforming the Zacks Computer & Technology sector’s return of 16%. GOOGL’s prospects are benefiting from its growing AI-powered Search capabilities and significant investments in Cloud…
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Dimensional US High Profitability ETF (Symbol: DUHP) where we have detected an approximate $174.6 million dollar outflow — that’s a 1.5% decrease week over week (from 295,900,000 to 291,500,000). Among the largest underlying components of…
Key Points The Magnificent Seven technology stocks have driven the S&P 500 to a spectacular 76% gain over the past three years. Investors, from the smallest retail investor to billionaire hedge fund managers, have rushed to get in on these companies as many play a key role in a very hot technology: artificial intelligence (AI)….