The lion’s share of market attention is now mainly concentrated in the technology sector, particularly around stocks related to artificial intelligence and its quick rise to adoption and expansion in the global economy. One stock should come to mind when this environment is described, and that is NVIDIA Co. NASDAQ: NVDA, a company that briefly…
SPY SPDR S&P 500 ETF Trust $555.23 +0.59 (+0.11%) (As of 02:13 PM ET) 52-Week Range $409.21 ▼ $556.25 Dividend Yield 1.23% Assets Under Management $544.22 billion The S&P 500 NYSEARCA: SPY can continue to climb its wall of worry because its foundation is built on earnings growth. The bricks are made from FOMC and inflation…
$128.99 +3.16 (+2.51%) (As of 02:13 PM ET) 52-Week Range $39.23 ▼ $140.76 Dividend Yield 0.03% P/E Ratio 75.43 Price Target $127.07 NVIDIA NASDAQ: NVDA is a brand name with celebrity status in the technology sector. NVIDIA has become synonymous with accelerated computing, particularly in the rapidly evolving field of artificial intelligence (AI). The company’s graphics…
As investors prepare for the second half of the year, one question is whether they should take NVIDIA Corp. NASDAQ: NVDA or the field. In this case, the field refers to other stocks that make up the group known as the Magnificent 7. These stocks moved (relatively) in tandem for most of 2023. However, in…
$28.15 -0.40 (-1.40%) (As of 07/8/2024 ET) 52-Week Range $13.40 ▼ $52.48 Price Target $32.66 Affirm Holdings Inc. NASDAQ: AFRM is a leader in the buy-now-pay-later (BNPL) industry. They provide installment loans to consumers, enabling them to split purchases into smaller payments. This is a win-win for merchants as they make more sales and customers as…
Enovix NASDAQ: ENVX stock surged 35% in a single day, and it looks like the rally has legs and room to run. The technical signal is strong, and fundamental factors are in play. Those factors include a new deal to supply batteries for a virtual reality headset that points to a new reality for ENVX…
$466.24 -1.32 (-0.28%) (As of 07/8/2024 ET) 52-Week Range $309.45 ▼ $468.35 Dividend Yield 0.64% P/E Ratio 40.37 Price Target $467.12 With its stock closing at another record high last night, around $450, it’s safe to say that Microsoft Inc NASDAQ: MSFT is having a great year so far. The tech titan is up more than…