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MARKETS LIVE BLOG:

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NVIDIA (NVDA) Catches Eye: Stock Jumps 6.1%

Zacks Equity Research

NVIDIA Corporation NVDA was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 26.2% in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for NVIDIA. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

NVIDIA currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

NVIDIA Corporation Price

NVIDIA Corporation Price
NVIDIA Corporation Price

NVIDIA Corporation price | NVIDIA Corporation Quote

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Investors interested in the Semiconductor - General industry may consider STMicroelectronics N.V. STM, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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NVIDIA Corporation (NVDA) : Free Stock Analysis Report
 
STMicroelectronics N.V. (STM) : Free Stock Analysis Report
 
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