Nvidia (NVDA) Up 11.4% Since Last Earnings Report: Can It Continue?

Core Viewpoint - Nvidia shares have increased by approximately 11.4% since the last earnings report, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Group 1: Earnings Report and Estimates - Fresh estimates for Nvidia have trended upward over the past month, indicating positive sentiment among analysts [2] - The most recent earnings report serves as a catalyst for understanding the stock's performance and future outlook [1] Group 2: VGM Scores - Nvidia has a strong Growth Score of A, but is lagging in Momentum Score with an F, and has a Value Score of D, placing it in the bottom 40% for that investment strategy [3] - The aggregate VGM Score for Nvidia is C, which is relevant for investors not focused on a single strategy [3] Group 3: Outlook - The upward trend in estimates suggests a promising outlook for Nvidia, with a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [4]