NVIDIA Corporation
NVDA
Delayed Nasdaq - 10/20 09:23:08 pm
197.56USD
-0.12%

The technical configuration is positive

Envoyer par e-mail
Anas Lozach
 

Strategy published on : 10/10/2017 | 14:27

long trade
Live

Entry price : 191.31$
Target : 203$
Stop-loss : 176.9$
Potential : 6.11%

NVIDIA Corporation shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 68% by 2020.

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Historically, the company has been releasing figures that are above expectations.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The stock is in a well-established, long-term rising trend above the technical support level at 108.93 USD


Weaknesses

● Technically, the stock approaches a strong medium-term resistance at USD 187.55.

● The company's "enterprise value to sales" ratio is among the highest in the world.

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 50 times its estimated earnings per share for the ongoing year.

● The company is not the most generous with respect to shareholders' compensation.

● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.

Zonebourse.com 2017
Envoyer par e-mail