Latest Articles
-
With Bitcoin Back At $50K, Consider These Crypto Stocks
Bitcoin prices have been on a wild ride this year. While prices for the bellwether cryptocurrency more than doubled to levels of around $65,000 between early January and mid-April 2021, driven by higher institutional interest, prices fell back to...
-
Company Of The Day: Nvidia
What? Nvidia (NASDAQ:NVDA) posted a stronger than expected set of Q2 FY’22 results, with revenues surging 68% to a record $6.51 billion, and adjusted EPS standing at $1.04 a share, up from $0.55 last year. Why? The growth was driven p...
-
After 5% Rise In A Week, What’s Next For Nvidia Stock?
Nvidia stock (NASDAQ: NVDA) has seen an impressive rise of 5% over the past week and currently trades at $206 per share. This rally was driven by expectations of strong earnings growth in the company’s upcoming Q2 2022 results, expected l...
-
Despite A High Valuation, Surging Demand Makes Nvidia Stock A Smart Bet
Having jumped nearly 4x from its low in March 2020, at the current price of $758 per share, we believe Nvidia stock (NASDAQ: NVDA) has further upside potential. Nvidia stock rose from $200 in March 2020 to $758 currently, much more than the S&a...
-
With Bitcoin At $34K, Consider These Crypto Stocks
Bitcoin prices have crashed from levels of around $62,000 in mid-April to just about $34,000 as of Wednesday. The crypto bear market appears to be driven by a host of factors, including China’s crackdown on Bitcoin trading and mining and Te...
-
Three Reasons Why Internet Infrastructure Stocks Are A Buy
Our indicative Theme of Internet Infrastructure Stocks – which includes a diverse set of companies that sell hardware and software that underpin the Internet – has returned about 14% year-to-date, marginally outperforming the Nasdaq...
-
Company Of The Day: Nvidia
What? Nvidia (NASDAQ:NVDA) announced that it plans to carry out a four-for-one stock split, subject to shareholder approval. The stock is expected to trade on a split-adjusted basis from July 20. Why? Nvidia stock is up by 13x over the last f...
-
Nvidia Stock Could Jump 15% To Regain Early-2021 High
Despite rising around 2.5x from its low in March 2020, we believe Nvidia stock (NASDAQ: NVDA) has room for a further 15% upside to levels it reached in February 2021. The company’s stock trades at $527 currently and is, in fact, roughly u...
-
How Nvidia, Square & PayPal Stocks Are Benefiting From Soaring Bitcoin Prices
Bitcoin prices have surged by over 160% year-to-date, driven by multiple factors including higher institutional interest, fintech companies Paypal and Square’s moves into the crypto space, and also by a view that scarce digital currency cou...
-
Cisco, Lumentum & Intel: Could Internet Infrastructure Stocks Outperform?
Through Covid-19, people are spending more time online not just to work and learn but also to shop, and entertain themselves. Our indicative Theme of Internet Infrastructure Stocks which includes a diverse set of companies that sell semiconduct...
-
Nvidia, Cisco & Intel: How Are Internet Infrastructure Stocks Doing This Year?
Our indicative Theme of Internet Infrastructure Stocks – which includes a diverse set of companies that sell semiconductor products, networking equipment, and related products that underpin the Internet – is up by about 19% year-to...
-
Could Nvidia Stock Drop To $200?
Nvidia’s stock (NASDAQ: NVDA) has risen more than 2x this year and currently trades at 63x projected 2021 earnings (Nvidia’s fiscal year ends in January), with 2021 earnings-per-share (EPS) expected to come in at around $8.00 (vs. $4.59 in 20...
-
Nvidia, Square & CME Group: Stocks To Play The Cryptocurrency Surge
Interest in Bitcoin has been rising with the cryptocurrency rallying by over 70% this year to levels of close to $12,000. Although the crypto space looks promising, not everyone would want to buy into cryptocurrencies themselves considering the v...
-
Nvidia Stock Headed Toward $700?
Nvidia (NASDAQ: NVDA) has seen its stock rise almost 2x this year, and 3.5x since the start of 2019. The stock now trades at nearly 60x projected 2021 earnings (Nvidia’s fiscal year ends in January), with 2021 earnings-per-share (EPS) exp...
-
Nvidia Stock Up 50% This Year, Can It Continue?
Nvidia stock (NASDAQ: NVDA) had seen a significant drop this year – dropping by about 17%, from $236 at the end of 2019 to close to $196 on 16th March 2020, as growing fears around the coronavirus outbreak triggered a sell-off across global equ...