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NVIDIA (NVDA) Catches Eye: Stock Adds 5.8% in Session
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NVIDIA Corporation (NVDA - Free Report) was a big mover last session, as its shares rose almost 6% on the day. The move came after the graphics and specialty semiconductor chip manufacturer got an upgrade from analysts at Evercore ISI. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $86.19 to $95.07 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
NVIDIA currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Is NVDA going up? Or down? Predict to see what others think: Up or Down
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NVIDIA (NVDA) Catches Eye: Stock Adds 5.8% in Session
NVIDIA Corporation (NVDA - Free Report) was a big mover last session, as its shares rose almost 6% on the day. The move came after the graphics and specialty semiconductor chip manufacturer got an upgrade from analysts at Evercore ISI. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $86.19 to $95.07 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
NVIDIA currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
NVIDIA CORP Price
NVIDIA CORP Price | NVIDIA CORP Quote
A similarly-ranked stock in the semiconductor-general space is Texas Instruments Incorporated (TXN - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is NVDA going up? Or down? Predict to see what others think: Up or Down
The Best Place to Start Your Stock Search
Today, you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buy" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>