US Nasdaq stock alert

USA

CLOSING UPDATE: NVIDIA hits 52-week high sixth time in one month 17 October 2017 17:54 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

NVIDIA, NASDAQ's 2nd largest semiconductors & related devices company by market capitalisation, hit a 52-week high of $US198.90 today for the sixth time in the past one month and last traded at $US197.75. Trading volume was 67% of average at the end of the day. Compared with the NASDAQ-100 Index which rose 8.1 points (or 0.1%) in the day, this represented a relative price change of -0.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 6.25 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 97% of the NASDAQ market over the past 6 months.

+ In the last one month the stock has hit a new 52-week high six times and in the last three months twelve times, pointing to a significant uptrend.

+ The price climbed 4.7% in the last week and 5.4% in the last month.

+ The present value of USD1,000 invested one year ago is $US3,042 [vs $US1,277 for the NASDAQ-100 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Return on Equity 28.9% [11.7%]

+ Return on Assets 16.9% [6.4%]

+ Return on Capital Employed 24.4% [8.5%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 33.8 times.

+ Total Liabilities/EBITDA of 2.1 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net profit margin has averaged 16.6% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity is high at 28.9%. Also, this has improved from 13.7% last year.

Note

Bearish Signals:

Tobin's Q Ratio is 12.1. Compared with the rest of the market the stock is overvalued and ranks in the bottom 2% of stocks by value of Q Ratio.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Earnings of 55.9 [37.0]

Price/Sales of 14.2 [4.5]

Dividend yield of 0.3% [1.5%]

TODAY'S ALERTS

Afternoon Alert: NVIDIA hits 52-week high sixth time in one month

17 October 2017 13:27 EDT

NVIDIA Corporation (NASDAQ:NVDA) hit a 52-week high of $US198.90 today for the sixth time in the past one month and last traded at $US197.16. Trading volume was 86% of average so far today.

Morning Alert: NVIDIA hits 52-week high sixth time in one month

17 October 2017 11:07 EDT

NVIDIA Corporation (NASDAQ:NVDA) hit a 52-week high of $US198.90 today for the sixth time in the past one month and last traded at $US197.26.

RECENT ALERTS

CLOSING UPDATE: NVIDIA keeps rising: up 9.5% in 7 days

16 October 2017 17:54 EDT

NVIDIA, NASDAQ's 2nd largest semiconductors & related devices company by market capitalisation, extended its gains on Monday, rising an additional $US3.34 (or 1.7%) to trade at $US197.93. Trading volume was 82% of average at the end of the day. The shares have risen $US17.16 (or 9.5%) over the past seven trading days vs. the NASDAQ-100 Index which has risen 0.9% in the same period.

Afternoon Alert: NVIDIA keeps rising: up 8.7% in 7 days

16 October 2017 13:27 EDT

NVIDIA Corporation (NASDAQ:NVDA) extended its gains on Monday, rising an additional $US1.87 (or 1.0%) to trade at $US196.46. Trading volume was 81% of average so far today. The shares have risen $US15.69 (or 8.7%) over the past seven trading days vs. the NASDAQ-100 Index which has risen 0.7% in the same period.

NVIDIA Corporation (O:NVDA)

ISIN: US67066G1040

PermID: 4295914405

CIK: 1045810

CUSIP: 67066G104

Source: www.BuySellSignals.com