Nvidia reported record
Nvidia reported record sales amid the pandemic, driven by strong demand for its online gaming and data center chips. Vivek Arya, senior semiconductors analyst at Bank of America Securities, joins "Squawk Box" to discuss what's working in the chip sector. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
Stocks rose slightly on Thursday as broad gains for the major tech names served as a counterweight to disappointing unemployment data and a dour economic outlook from the Federal Reserve.
The Dow Jones Industrial Average was up 5 points, or less than 0.1%. The 30-stock Dow was on pace to snap a three-day losing streak. The S&P 500 gained 0.1%. The Nasdaq Composite outperformed, rising 0.6%.
Facebook rose 1.6% and Amazon climbed 0.9%. Netflix advanced 2% and Apple gained 1.3%. Microsoft and Alphabet were up 1.5% and 1.1%, respectively. Intel shares gained 1.5% after the company announced an accelerated buyback plan, calling its stock cheap.
Tech has been the best-performing sector in the market this year, leading the S&P 500 back from its late-March low. Facebook is up nearly 30% year to date and Alphabet has rallied around 16% over that time period. Amazon, meanwhile, has surged over 77% in 2020 while Apple and Netflix are each up more than 50%.
“This tech outperformance is to be expected given the uniqueness of this environment, but that uniqueness is beginning to fade,” said Jeff Kleintop, chief global investment strategist at Charles Schwab. “It seems we’ve left the recession behind us and, hopefully, we’re now past the peak of new coronavirus cases in most of the developed world, including the U.S.”
“That may mean a return to more cyclical leadership in this road to a recovery,” Kleintop added. He also noted the small-cap Russell 2000 index has outperformed the S&P 500 this month.
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I love nvidia and use their products but you must be smoking crack if you think theyre truly worth 500bil anytime soon. The valuation on the stock is nuts.
Buy no brainer bullet proof cash rich companies:
I bought Facebook, Microsoft, Apple, Google, Wells Fargo, eBay, Netflix, Home Depot, Lowe's, Walmart
TRUST THE PROCESS.
The stock market goes up in the long term
MY FATHER DONALD J TRUMP.... AND SENATOR ERWIN TRUMP....... ( SENATOR WILAYAH INDEPENDENT )................................
I held stocks for a long term and invested in Bitcoin and Forex, I've been earning much from it ??
What's with the ramp up in stock price? Every day these stocks inch up? More fools rushing in? Or the future expected cash flow is reassessed up? What's the company worth? $500 ? Or 460 + $5 each day? My $5000 car is worth $5000. Done. Lucent..,., Gets to 90 and falls off a cliff.
NVIDIA stock price was
NVIDIA stock price was climbing near $600 during the recent bull market run. Most investors agree that NVDA stock is a solid play for the long term, but what does the EPS forecast tell us about the rest of fiscal year 2021? The final earnings report comes in February so we will use today's stock price and valuation to predict the future price.
? GET MY FREE STOCK RESEARCH GUIDE:
"15 Minute Stock Analysis"
This stock analysis of NVIDIA includes their PE ratio, earnings per share, analyst price targets, and current cash/debt levels. I project the full year PE and EPS for NVDA stock to help you make your own investment decisions.
The following stocks are mentioned in this video:
NVIDIA Corporation (NVDA)
Invesco QQQ Trust (QQQ)
Are you planning to buy NVIDIA in 2020? Let me in the comments!
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i bought in at 586 and i kept buying until today where it's at 540. i'm holding nvidia no matter what. i've been in the gaming industry my whole life, and NVIDIA had been king for a while now. AMD may catch up, but i don't think anytime soon. maybe a few more years. it's just unrealistic for them to be able to catch up. would require a 300% performance gain. i'd be shocked if they could even catch up to the 2080 ti which was nvidia's flagship 2 years ago.
speed it up by 1.25, youre welcome
Thanks Geoff! NVDA definitely a buy for me soon. 10k subs incoming!!?
Can you do Twilio ($TWLO) eventually?
Too long winded, concision is a virtue. Also your 16 minutes basically boils down to NVDA continuing up because they have had growth in datacenters and they are a winner in general.
However you may want to see things coming. AMD is launching new graphics chips, the jungle drums are suggesting it may not beat nvidia outright on every parameter but could be a serious match with a couple of superior specs. NVDA has just launched it's own new impressive series and they are priced somewhat surprisingly low and their high end card eats a lot of electricity and it's huge. Their choices suggest they know AMD is coming for them. I hunch from the vine that AMD will bring a product to that bests their 3080 card with lower power consumption. AMD is using TSMC's 7+nanometer process while NVDA is using Samsungs 8 nanometer, larger is worse. AMD is Using that 7nanometer hammer against Intel as well and it's a lot of hurt. If AMD comes for NVDA's gold, that could shift some stock prices short term. If subsequently the chatter is in any way that AMD is about to be king, that could hurt NVDA stock price very significantly and double AMD in a year. Nothing is certain but word is AMD is about to announce any day now, maybe 21st, maybe computex on the 28th. In my perception, the probability spread favors AMD stair climbing in the next 60 days, potentially significantly, potentially at the expense of NVDA. NVDA has been sole king in GPUs for a decade if the whispers are AMD could challenge, that should be on your radar. I should have shifted my AMD into NVDA a few days ago when NVDA announced the 30 series, that cost me a lot. Similarly, I recommend shifting all NVDA to AMD right now and how 1-2 months for the outcome and then decide. If AMD strikes hard, you might never want to return to NVDA.
This video is an analysis
This video is an analysis of NVIDIA Corp from the fiscal year 2020 financial results as well as an estimate of the future value and possible investment return based on a discounted cash flow (DCF) and EV / EBITDA market multiple approach.
Value Investing, Private Equity Valuation, Corporate Finance Valuation
-- Disclosure --
All opinions expressed by Cameron Stewart on this show are solely Mr. Stewart’s opinions. You should not treat any opinion expressed by Mr. Stewart as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Mr. Stewart’s statements and opinions are subject to change without notice. Past performance is not indicative of future results. Mr. Stewart does not guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this show. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this show may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this show. Before acting on information on this show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
Hi Cameron, Jacob here from WeTradeHQ. Loving the value you provide in your videos, I would be grateful to have you as a mentor on WeTradeHQ, anyway I can reach you?
Is there a place where one can learn more about this valuation technique?
I like your excel templates, is there a chance that you could share them for running our own stocks analysis
I really enjoy your explanations
Much appreciate...seems honest opinion...
The bad news is that probably the stock will never return to $100