Nvidia announces 10 for 1 stock split, dividend boost of 150%
HTML-код
- Опубликовано: 20 сен 2024
- Nvidia (NVDA) shares are rising in extended-hours trading after the chip giant topped first quarter earnings estimates and announced a 10-for-1 stock split. Public Ventures President and Chief Market Strategist Lou Basenese joins Asking for a Trend to break down the earnings and analyze how long the company can keep up the momentum.
Despite beating Wall Street's expectations, Basenese highlights that the magnitude of Nvidia's beat is the smallest it has ever been, at about 8%. He warns, "Expectations at some point are going to get too far ahead of what Nvidia can deliver, but it's not yet."
"I think it's the leading candidate to be the next $3 trillion market cap company, but if I had a dollar to put to work today and I want to 10x it, it's not Nvidia. It's probably in the smaller cap side of the market," he adds, saying that of the "Magnificent Seven," Alphabet (GOOG, GOOGL) is the most "reasonably valued."
Basenese calls Nvidia's stock split a "brilliant move psychologically," as buying a stock at a lower price is more enticing. He adds that it does not change any of Nvidia's fundamental metrics or value calculations.
For investors looking to get in on the AI sector, Basenese highlights Microsoft's (MSFT) ability to push AI products onto the market to create demand. He also points to Apple (AAPL) as "the sleeper AI play."
"Apple is kind of perceived as they missed the boat ... they're never first or second to market. They come in later, but then they go. They come in late, but they end up being the leader." He adds, "They have two billion active devices in use. If they just iterate and add a little AI somewhere, it has a magnified impact."
#youtube #nvidia #tech
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: www.instagram....
TikTok: www.tiktok.com...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
I agree that NVDA is seen as the "Stock of the year." I'm interested in identifying potential stocks that could emulate META's growth over the next decade. With $250k allocated for investment, my goal is to retire comfortably.
AI, in my opinion, will be the next big thing. Refraining from making snap decisions based on transient fluctuations is essential for long-term growth similar to META. Put patience and a long-term view first, and if you want to make well-informed purchasing and selling decisions, consult a financial advisor.
Facing a similar situation, I sought advice from an invęstment advisęr. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $150k to over $700k in a few years.
Your invt-adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same invt-adviser and how I can get in touch with them?
She goes by ‘’Amber Dawn Brummit’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
Great news for Investors. I already own shares of PALANTIR, TSLA, NVDA and APPL and , I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less.. any advice?
If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
I have not written this sort of comment before but from the your comment, I knew that you have good understanding of investing, How can one reach this advisor of yours?
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "MICHELE KATHERINE SINGH" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
Nvidia was a 10X opportunity and this guy blew it. Now he talks about looking for another 10x company. He will miss it again.
Papenova is going to be huge 🐸
what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the recommendation.
holding my 100k Papenova from the presale .. $Papenova to the moon!🐸
"Party on, Garth!". That's a Wayne's world reference from the 90s. I'm old!
CEO of NVDA sold 75% of his stock. Started paperwork in May put in play in July! Scary!
Missed this leap but got some Sears, Radio Shack, & K-Mart so I’m good
so they raised their dividend, is this for looks or will they start to grow their dividend yearly ?
Could you please tell me what this stock spilt means ?
How it is working?
existing stock owners will get 10 newly priced stocks per 1 stock owned, future buyers will by the stock at the split price, which will be the current price divided by 10, essentially the stock is getting duplicated 10x so the price goes down and it's more attainable for retail/individual investors. It will most likely be a very positive thing for the stock as there is so much hype around the name right now and AI, this will allow more people to afford entry.
Lets say you have 100$ banknot but it is hard to spend this banknot directly, instead you turn 100$ into 20 5$. This way you can spend your money easier. With a drawback of spending takes longer process
Did they mention the revenue number for China? I couldn’t find that anywhere
Does it matter? The world doesn't need China now.
Not important
🐸Papenova is looking very strong I bought it on pre-sale thanks!
Papenova on Eth looks ready to take off bruuuuh
Papenova the secret gem will shock everyone 🐸🔥
Papenova is next atleast 100x coin, in fact papenova is the new PEPE
I own Google n Nvidia. Bought more today after I heard about the split
"Nvidia's getting pulled into the the market", so funny. It should be Nvidia pulling everyone into the market.
Buying Papenova Today Is Like Buying Bitcoin 12 Years Ago!
10 TRILLION before 2026
Coinbase listing Papenova before the etherem ETF easy 200x
Papenova let's go baby
Buy Papenova on base it'll be next PEPE soon you miss this 200x coin don’t miss this
Very bullish on Papenova! ATH in 2024!🔥👌
PapeNova no doubt. PapeNova TO THE MOON
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
PAPENOVA IS THE NEW PEPE 🐸, Yes I think papenova will overtake doge
PAPENOVA is the PEPE of memecoins. Mark my words
Ride the bull with papenova , pre-sale ends soon
This guy doesn’t know what he’s talking about. Lots of hot air talk about Apple coming out of no where with AI
PapeNova WILL BE THE #1 MEME COIN IN THIS BULL RUN 🔥
Papenova is the future to the moon
Don’t need to wait for tomorrow to buy Papenova crypto can buy right now.🐸
Be part of the blockchain revolution! Join the Papenova community and contribute to a decentralized future.
💚🖤☝🏼🇺🇸📈