Yahoo Finance Today's Research Reports on Trending Tickers: Texas Instruments and NVIDIA
NEW YORK, NY / ACCESSWIRE / October 24, 2018 / U.S. stocks finished in the red on Tuesday, with the S&P 500 falling for the 5th consecutive session, as a drop in Asian markets continued to raise global economic concerns. The Dow Jones Industrial Average shed 0.50 percent to close at 25,191.43, while the S&P 500 Index decreased 0.55 percent to close at 2,740.69, its fifth consecutive daily drop. The Nasdaq Composite Index declined 0.42 percent to close at 7,437.54.
According to Frank Capelleri, executive director of equity sales and trading at Instinet LLC, “The issue lately is that while there have been pockets of positive action around, each day has had its culprits. On Monday, the financials’ big drop diluted the market’s attempt to bounce. On Tuesday, the S&P 500 was able to mount a substantial turn around, but this time energy was the obvious laggard.”
RDI Initiates Coverage on:
Texas Instruments Incorporated
https://rdinvesting.com/news/?ticker=TXN
NVIDIA Corporation
https://rdinvesting.com/news/?ticker=NVDA
Texas Instruments' stock moved 0.53% higher Tuesday, to close the day at $100.25. The stock recorded a trading volume of 11,977,901 shares, which was above its three months average volume of 5,581,520 shares. In the last year, Texas Instruments' shares have traded in a range of 94.16 - 120.75. The share price has gained 6.47% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $105.27 is below its 200-day moving average of $109.08. Shares of the company are trading at a Price to Earnings ratio of 23.06. Shares of Texas Instruments have fallen roughly 8.91 percent in the past month and are down 4.01 percent year-to-date.
Access RDI's Texas Instruments Incorporated Research Report at:
https://rdinvesting.com/news/?ticker=TXN
On Tuesday, shares of NVIDIA recorded a trading volume of 14,990,075 shares, which was above the three months average volume of 10,390,712 shares. The stock ended the day 4.39% lower at $221.06. The share price has fallen 24.49% from its 52 week high with a 52 week trading range of 180.58 - 292.76. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $264.60 is above its 200-day moving average of $252.81. Shares of the company are trading at a Price to Earnings ratio of 32.22. Shares of NVIDIA have fallen roughly 16.09 percent in the past month and are up 14.24 percent year-to-date.
Access RDI's NVIDIA Corporation Research Report at:
https://rdinvesting.com/news/?ticker=NVDA
Our Actionable Research on Texas Instruments Incorporated (NASDAQ :TXN) and NVIDIA Corporation (NASDAQ :NVDA) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
