Nvidia's (NVDA) stock isn't having its typical year.
No epic gains on earning reports. Nvidia stock has fallen in response to earnings in six of the past eight quarters, including the last four, per Yahoo Finance AlphaSpace ****** ysis.
No major outperformance versus the S&P 500. Nvidia's stock is up 14% year to date, while the S&P 500 (^GSPC) is up 12%.
No major outperformance versus other key players in the AI chip supply chain. Micron (MU) shares have gained a sizzling 225%. Intel (INTC) is up 138%. AMD (AMD) is up 124%.
Raymond James ****** yst Simon Leopold lists four reasons the chip king stock is stuck in neutral in a new note:
#major
No epic gains on earning reports. Nvidia stock has fallen in response to earnings in six of the past eight quarters, including the last four, per Yahoo Finance AlphaSpace ****** ysis.
No major outperformance versus the S&P 500. Nvidia's stock is up 14% year to date, while the S&P 500 (^GSPC) is up 12%.
No major outperformance versus other key players in the AI chip supply chain. Micron (MU) shares have gained a sizzling 225%. Intel (INTC) is up 138%. AMD (AMD) is up 124%.
Raymond James ****** yst Simon Leopold lists four reasons the chip king stock is stuck in neutral in a new note:
#major
10 days ago
