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Your Two Minute Earnings Preview for Nvidia (NVDA) Stock

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This quick video takes a closer look at Nvidia (NVDA - Free Report) stock before its earnings report. The semiconductor company has been on an impressive run as of late, and investors have definitely become big believers in Nvidia’s growth path.

That is part of the reason why shares of NVDA are currently in strong buy territory, and why the industry at large has a top 10% industry rank. Additionally, the most recent estimates have been very positive for NVDA stock, boosting the company to a positive Earnings ESP.

However, it isn’t all golden for shares of NVDA, as the company is definitely at the high end of its range, while it has seen an incredible share price boost in 2016. This could lead some investors to think the company is overbought, especially considering a poor value grade.

Still, NVDA has a strong grade on the growth front, while analysts still like the stock too. And with a greater push to some key industries where Nvidia has a strong position, there is still reason to believe this top ranked stock can march higher following its fast-approaching earnings report.

NVIDIA CORP Price, Consensus and EPS Surprise

NVIDIA CORP Price, Consensus and EPS Surprise | NVIDIA CORP Quote

Nvidia reports after the bell on 11/10 and we are looking for earnings of 56 cents per share. Make sure to watch the video for a quick guide to NVDA heading into the report, but if you want to learn more about trading in earnings season, check out our Zacks Live Trader below for additional information on ways to use options to trade stocks around their quarterly reports:

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