(NVDA) NVIDIA Corporation – Bull of the Day

November 10th, 2009

NVIDIA Corp. (NVDA) posted revenue and earnings well above expectations. NVIDIA is poised for growth through improved cost management, rising demand for GPU and graphics chips Incorporatedreased orders mainly from China and product launches.

The company is introducing new products at regular intervals and getting good feedback. We believe NVIDIA is well positioned in the longer term given its leadership in the Tegra line-up, the ramp-up of its 40nm process technology and share gains in notebooks and desktops.

We are looking for meaningful revenue growth and sustainable margin expansion. We have changed our rating to Outperform with a six-month price target of $17.00.

Zacks Investment Research

More on this topic (What's this?)
NVDA: Income Statement Analysis for the January 2010 Quarter (Gauging Corporate Financial Reports, 2/17/10)
NVDA: Financial Gauge Analysis for the October 2009 Quarter (Gauging Corporate Financial Reports, 11/26/09)
Focus On NVIDIA Corporation (NVDA) (Short-Term Trading, 3/15/10)
NVDA Corporation (HedgeAnalyst, 2/18/10)
Read more on NVIDIA at Wikinvest

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