To gain an edge, this is what you need to know today.
Going back to 1926, only 12 companies have lead the market in terms of market value, including AT&T, Apple, Cisco, Dupont, Exxon, GE, GM, IBM, Microsoft. Philip Morris, and Walmart.
The market's strength is questioned, with 10 stocks comprising almost 40% of the S&P 500's weight, driving its rise for the last year and a half.
Nvidia and various semiconductor stocks dropped on Thursday.
Tech stocks have led this market. Tech fund inflows have been enormous.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Seasoned tech investor Paul Wick of Seligman Investments has recently been reducing his holdings in Nvidia (NASDAQ: NVDA), expressing doubts about the company's future earnings growth.
This has been a huge week for Nvidia. The company, which makes computer chips and is surfing the artificial intelligence wave, has risen from relative obscurity a few years ago to beat out Apple and Microsoft as the most valuable company in the world (at least for a day, anyway).
NVIDIA (NVDA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The chip industry is red-hot this year, thanks to huge gains recorded by NVIDIA (NVDA), Broadcom (AVGO) and Micron (MU). Tap the ETF SOXQ to play these stocks at one go.
NVIDIA's meteoric success has made global headlines in the last few months. One of the primary reasons for this is the rapid growth and skyrocketing demand for the hardware to support advanced artificial intelligence systems—a space that NVIDIA has been innovating in for decades.
Nvidia Corp. NVDA shares trade just shy of their record highs and “FOMO” sentiment is driving more traders toward the stock despite its pricey nature. Michael Kramer, founder of Mott Capital Management and who runs an actively managed long-only Thematic Growth Portfolio, on Thursday, suggested that investors can play the waiting game to get into the stock at more attractive levels.