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3 Most Upgraded Stocks Closing 2024: What's Next?
MarketBeat· 2024-12-19 13:41
The most upgraded stocks at year’s end in 2024 are NVIDIA NASDAQ: NVDA, Amazon NASDAQ: AMZN, and Meta Platforms NASDAQ: META. Each received more than 120 positive revisions, including price target increases and upgrades that have lifted their markets significantly. The question is whether these trends will continue in 2025, and the answer is yes. These stocks are indicated to move higher and have the business momentum to sustain the upgrade cycle. The real question is how high they might get.  Get NVIDIA al ...
President-Elect Donald Trump Just Delivered Fantastic News for Nvidia Investors
The Motley Fool· 2024-12-19 12:45
Donald Trump's return to the White House is having a big impact on the market as investors grapple with what his second term will look like. In broad terms, he's seen as "pro-business" and "pro-markets." Campaign promises are one thing, but what will his actual policy agenda be?Until he takes office, much of this remains conjecture, but whom the president-elect chooses to surround himself with -- cabinet members, advisors, agency leadership -- can tell us a lot about the shape of that policy agenda.That's w ...
Opinion: Why I Think the Recent Fears Surrounding Nvidia Are Overblown
The Motley Fool· 2024-12-19 11:00
Should Nvidia stock investors be worried about the recent rush of bearish news?In today's video, I discuss recent updates impacting Nvidia (NVDA -1.14%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Dec. 17, 2024. The video was published on Dec. 17, 2024. ...
Nvidia Is Gaining Today Despite Big Sell-Offs for the S&P 500 -- Is It Time to Buy the Artificial Intelligence (AI) Stock?
The Motley Fool· 2024-12-18 20:41
Is it too late to score big wins with Nvidia stock and the AI revolution?Nvidia (NVDA -1.10%) stock is climbing higher in today's trading. The company's share price was up 1.3% as of 3:15 p.m. ET, and had been up as much as 4.8% earlier in the day's trading. Meanwhile, the S&P 500 (^GSPC -2.72%) was down 1.5%, and the Nasdaq Composite (^IXIC -3.56%) was down 1.9% due to hawkish comments from Federal Reserve chairman Jerome Powell that were delivered in conjunction with an interest rate cut.Multiple upward c ...
Why Nvidia (NVDA) stock is soaring
Finbold· 2024-12-18 17:35
Nvidia’s (NASDAQ: NVDA) share price is rebounding, with eyes on the $140 resistance as investors react positively to the company’s promising production developments.As of press time, NVDA’s stock was valued at $135.48, up almost 4% in the last 24 hours. On the weekly timeframe, the equity is down a modest 0.60%. Indeed, the current rebound is welcomed, considering the semiconductor giant briefly dipped below the $130 support zone during the December 17 trading session. NVDA one-day stock price chart. Source ...
Why Nvidia Stock Rallied on Wednesday
The Motley Fool· 2024-12-18 17:32
After a dip into correction territory, a couple of new developments appear to be fueling the AI specialist's rise.Heading into today's trading session, Nvidia (NVDA 3.89%) stock was officially in correction territory, having fallen more than 12% off its recent high. It was on track to erase some of those losses today, jumping as much as 4.8%. As of 11:46 a.m. ET on Wednesday, the stock was still up 3.4%.The catalysts that sent the chipmaker and artificial intelligence (AI) specialist higher were several new ...
Back To Fundamentals: 3 Picks For 2025
Seeking Alpha· 2024-12-18 15:28
I only buy strong businesses. I only buy them when they're cheap. Backgrounds in economics, philosophy, government, data. I started my investing journey with a fairly concentrated portfolio of Canadian dividend payers in the telecom, pipeline and banking industries. I have moved forward through different industries including payments, US regional banking, Chinese and Brazilian equities, REITs, technology companies and a few other emerging market opportunities, as well as microcap through to megacap range. I ...
Is Nvidia stock being heavily shorted?
Finbold· 2024-12-18 14:49
As one of the most popular investments of 2024, Nvidia (NASDAQ: NVDA) stock caused something of a stir in December as it ended its rally and began plunging. Specifically, NVDA shares are, at press time on December 18, 4.16% in the red in the last 30 days and, at $134.42, 8.63% below their recent highs.NVDA stock 30-day price chart. Source: FinboldThough it is difficult to tell for certain if the downturn was spurred on by short sellers, FINRA data retrieved from Fintel reveals investors have been betting ag ...
Q4's Most Upgraded Stocks: Promising Buys for 2025
MarketBeat· 2024-12-18 13:42
NVIDIA NASDAQ: NVDA isn’t the most upgraded stock at the end of the Q3 earnings reporting season, ending a trend that has been in place for nearly two years. While potentially bad news for the market, the reason why should give investors hope that the rally in equities is broadening and the S&P 500 will sustain its uptrend. NVIDIA, now ranked 12th on MarketBeat’s list of Most Upgraded Stocks, has been supplanted by consumer names and companies well-positioned for the second wave of AI. The second wave of AI ...
Omdia: Demand for Google's TPU chips accelerates challenging NVIDIA's dominance
Prnewswire· 2024-12-18 11:11
LONDON, Dec. 18, 2024 /PRNewswire/ -- Omdia's latest research highlights the rapid growth in demand for Google's Tensor Processing Unit (TPU) AI chips, a trend that may be strong enough to start chipping away at NVIDIA's market dominance in GPUs. 3Q results from Broadcom, whose Semiconductor Solutions division acts as a custom chip outsourcing partner for Google, Meta, and several other AI players, give our analysts some insight into purchasing trends and information that is typically kept under wraps – how ...