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The Hot Stock: Nvidia Jumps 8%
Nvidia (NVDA) soared to the top of the S&P 500 today as it bounced back from last week's earnings-driven selloff. Nvidia*gained 8% to $168.40 today, while the S&P 500 rose 1% to 2,465.84. Canaccord Genuity's Matthew Ramsay and Vinod Srinivasaraghavan call last week's selloff "the pullback folks have been waiting for." They explain: NVIDIA reported another record quarter for Q2/F'18 with the beat driven by record-high Gaming GPU and Professional Visualization revenues that exceeded our expectations and consensus.
http://finance.yahoo.com/r/6192a5af...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
Nvidia (NVDA) soared to the top of the S&P 500 today as it bounced back from last week's earnings-driven selloff. Nvidia*gained 8% to $168.40 today, while the S&P 500 rose 1% to 2,465.84. Canaccord Genuity's Matthew Ramsay and Vinod Srinivasaraghavan call last week's selloff "the pullback folks have been waiting for." They explain: NVIDIA reported another record quarter for Q2/F'18 with the beat driven by record-high Gaming GPU and Professional Visualization revenues that exceeded our expectations and consensus.
http://finance.yahoo.com/r/6192a5af...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
