Yahoo Finance Today's Research Reports on Trending Tickers: Advanced Micro Devices and NVIDIA
NEW YORK, NY / ACCESSWIRE / August 14, 2018 / U.S. markets continued to drop on Monday as the recent currency crisis in Turkey raised some concern amongst investors. The Dow Jones Industrial Average decreased 0.50 percent to close at 25,187.70, while the S&P 500 Index fell 0.40 percent to close at 2,821.93. The Nasdaq Composite Index shed 0.25 percent to close at 7,819.71.
"August is not a great month to begin with. There's not a lot of volume. I'm not going to use August as a fortune-telling month for the rest of the year," according to Jack Ablin, chief investment officer at Cresset Wealth Management. "In many respects you expect August to go in the opposite direction. … I think we just need to take August off and figure out what the game plan is for September," he added.
RDIInitiates Coverage on:
AdvancedMicro Devices, Inc.
https://rdinvesting.com/news/?ticker=AMD
NVIDIACorporation
https://rdinvesting.com/news/?ticker=NVDA
Advanced Micro Devices' stock jumped 3.52% Monday, to close the day at $19.73. The stock recorded a trading volume of 79,460,635 shares, which was above its three months average volume of 67,048,865 shares. In the last year, Advanced Micro Devices' shares have traded in a range of 9.04 - 20.18. The share price has gained 118.25% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $17.06 is above its 200-day moving average of $13.38. Shares of the company are trading at a Price to Earnings ratio of 68.27. Shares of Advanced Micro Devices have gained roughly 21.27 percent in the past month and are up 91.93 percent year-to-date.
AccessRDI's Advanced Micro Devices, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMD
On Monday, shares of NVIDIA recorded a trading volume of 8,984,295 shares, which was below the three months average volume of 9,388,241 shares. The stock ended the day 0.52% higher at $256.12. The share price has fallen 4.86% from its 52 week high with a 52 week trading range of 157.37 - 269.20. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $248.43 is above its 200-day moving average of $243.29. Shares of the company are trading at a Price to Earnings ratio of 42.57. Shares of NVIDIA have gained roughly 2.73 percent in the past month and are up 32.53 percent year-to-date.
AccessRDI's NVIDIA Corporation Research Report at:
https://rdinvesting.com/news/?ticker=NVDA
Our Actionable Research on Advanced Micro Devices, Inc. (AMD) and NVIDIA Corporation (NVDA) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
