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Re: Nvidia (NVDA)

PostPosted: Thu Nov 22, 2018 4:54 am
by winston

Nvidia's Prospects Look Much Worse Under The Hood


Nvidia has taken a massive growth hit as can be seen from Q4 guidance which is $700M below analysts' consensus.

Balance sheet analysis shows that the problem is much worse and Nvidia is facing difficult prospects in CY2019.

We see Nvidia's fair value at about $50 - about 75% below Thursday close.

Source: Seeking Alpha ... ngcom_feed

Re: Nvidia (NVDA)

PostPosted: Thu Nov 22, 2018 5:20 am
by winston

Unfortunately, There Is Nothing Very Special About Nvidia Stock

Backing $9 per share in net cash, NVDA trades at about 18x FY20 EPS estimates.

Inventory is a multi-quarter process. Regaining trust could take even longer.

Datacenter revenue growth has decelerated (just 4% Q/Q in Q3).

~18x earnings isn’t cheap if growth is stalling out and cyclical pressures are going to rise. Competition is coming. And management doesn’t look as on the ball as they should be.

It’s going to take Nvidia more than a quarter or two to resolve those concerns – and likely at least that long for Nvidia stock to bounce back.

Source: InvestorPlace ... 25153.html

Re: Nvidia (NVDA)

PostPosted: Thu Nov 22, 2018 7:57 am
by winston

Nvidia stock bounces — then sinks — on fresh deals to provide self-driving car AI chips to Chinese startups

The company said it had separately inked deals to sell artificial intelligence chips to three electric car startups.

Chinese startup XPeng Motors will use Nvidia’s DRIVE AGX Xavier chip in its level 3 automated driving system, which is expected to appear in the company’s production vehicles in 2020.

Beijing-based Singulato Motors and Santa Clara-based SF Motors will also use DRIVE AGX Xavier chips to build out their own autonomous vehicles.

The chip giant has now secured chip deals with more than 370 autonomous driving companies, the Wall Street Journal reports.

China remains a major market for Nvidia’s chips — nearly 20 percent of its $9.7 billion in revenue last year came from sales to Chinese customers.

Noted short seller Andrew Left with Citron Research said Tuesday he had bought Nvidia shares following the recent dip.

Source: Silicon Valley Business Journals ... yptr=yahoo

Re: Nvidia (NVDA)

PostPosted: Tue Nov 27, 2018 9:03 pm
by winston

Nvidia stock is poised to jump 55%: Credit Suisse

by Heidi Chung

In the longer term, the underpinnings of the gaming segment remain largely intact, and the segment provides a sustainable, growing revenue stream … we do view Gaming as a sustainable growth driver in some capacity in both the near and medium term”.

Nvidia currently expects the esports audience to increase by 400 million by 2019, up from 71 million in 2013.

Source: Yahoo Finance ... 32605.html

Re: Nvidia (NVDA)

PostPosted: Tue Nov 27, 2018 10:25 pm
by winston

Nvidia (NVDA) is Getting Hammered. Wait for the Storm to Pass.

by Louis Navellier

While NVDA stock is down 21% year-to-date, it’s up 385% in the past three years, including this awful year. That’s more than a 125% average annual gain in that time.

Source: Investor Place ... m-to-pass/

Re: Nvidia (NVDA)

PostPosted: Wed Nov 28, 2018 8:23 pm
by winston

Stocks to Trade Long: Nvidia Stock

Sure, there has been plenty of excuses to fan NVDA stock’s fall from grace. There are trade war tensions that could prove disproportionately tough on tech companies like Nvidia, a burst cryptocurrency bubble and a recent spook-worthy earnings report to all but confirm the bulls’ narrative has imploded.

The good news is Wall Street has quickly put Nvidia shares deep into value territory for investors able to get past today’s latest and less-than-great story-line.

The focus should now be on NVDA’s deep corrective move in a bearish market that’s overstaying its welcome.

The weekly chart shows NVDA stock is challenging zone support comprised of the 50% and 62% retracement levels dating back to 2015’s lows and immediately in front of the stock’s dizzying rally out of nowhere. But the dive in shares doesn’t necessarily mean Nvidia is one of those stocks to trade long and simply sit on.

Let’s face it, conditions could always quickly get painfully worse in NVDA stock, even if it’s just a figment of overly-bearish behavior.

My recommendation is to buy shares above $157. The trigger price is roughly 1.5% above Tuesday’s high. It also allows Nvidia to re-cross the 50% retracement level and, optimistically, head back into a more spirited “glass half-full” mentality.

For money management and just in case the bears aren’t finished with NVDA stock, I’d set an initial stop 5% below $157 at $149.15. That’s slightly beneath Monday’s opening price. And if hit, that’s sufficient price information in an unstable market to exit and find other stocks to trade long without having suffered a large draw-down.

Source: Investor Place

Re: Nvidia (NVDA)

PostPosted: Thu Nov 29, 2018 10:47 pm
by winston
not vested

Best Stocks to Invest in Right Now: Nvida (NVDA)

Chipmaker Nvidia (NASDAQ:NVDA) has lost 50% of its value because of a hit to 10% of its business (cryptocurrency), and the stock now sits at its lowest valuation in four years, a level it won’t remain at for long, considering still robust growth in the company’s core AI and data markets.

2 Minute Drill: In a nutshell, NVDA stock has lost about half of its value because of the cryptocurrency bubble popping. That big pop created an inventory problem for the company which will take one to two quarters to work through. As such, revenue growth and margins over the next one to two quarters will be depressed, and NVDA stock is consequently adjusting lower.

But nothing about this recent selloff changes the long-term growth narrative supporting Nvidia stock. That long-term growth narrative is all about secular growth in the AI, IoT and data center markets. All those businesses continue to do quite well.

In Q3, the data center, pro visualization and automotive businesses all reported record revenues. The data center business grew by nearly 60% year-over-year. The pro visualization business was up nearly 30%. The automotive business was up nearly 20%.

Thus, with NVDA stock, you have a long-term bullish narrative getting a near-term shock. The shock happened, the stock dropped, and the valuation is now at its lowest levels in four years and 60% off its 2018 highs.

Because of the company’s exposure to high-demand and big-growth AI and data markets, NVDA stock won’t remain this cheap for long. As such, buying the dip now seems like the right move.

Source: Investor Place

Re: Nvidia (NVDA)

PostPosted: Fri Nov 30, 2018 10:22 am
by winston

Is tech stock NVIDIA (NVDA) a Buy at this level?

Things got worse when NVIDIA released fourth quarter guidance.

Revenue is expected to be $2.7 billion, plus or minus 2%. At the midpoint, that's a 7% year-over-year decline, the first time that's happened to NVIDIA in years.

The only saving grace is that gross profit margin is expected to rebound back to 62.3%, up from the 61.9% in the fourth quarter last year.

Buybacks of $7 billion (8% of market cap of $88 billion).

Source: Motley Fool ... a-buy.aspx

Re: Nvidia (NVDA)

PostPosted: Fri Nov 30, 2018 10:38 pm
by winston

This Stock’s 50% Selloff Doesn’t Change the Company’s Long-Term Potential

by Laura Hoy

Source: Investor Place ... potential/

Re: Nvidia (NVDA)

PostPosted: Tue Dec 04, 2018 2:55 pm
by winston
Sold last night

Nvidia's Gaming Transition Spells an Opportunity for Patient Investors

Analyst estimates for Nvidia's next two fiscal years are baking in a lot of caution related to the company's gaming GPU business, and appear beatable.


Nvidia now trades for 21 times a fiscal 2021 EPS consensus of $8.20 -- an estimate that has been cut by nearly 20% since October even though Nvidia added $7 billion to its stock buyback authorization in November, and could easily be topped if Gaming demand proves better than expected.

While Nvidia's valuation still doesn't exactly qualify as dirt-cheap, it looks pretty reasonable in light of gaming, server, workstation and automotive opportunities, not to mention the limited competition the company is still seeing in key markets such as high-end gaming GPUs and AI training accelerators.

Source: The Street ... yptr=yahoo