Is Nvidia Corporation (NASDAQ:NVDA) A Good Pick For Your Portfolio?

Nvidia Corporation (NASDAQ:NVDA) exceeded both topline and bottom-line expectations in F4Q2016. Revenue growth in the quarter was driven in part by strong demand for gaming graphics processors. At the recent Investor Day,  management provided an encouraging outlook, citing revenue opportunities in automotive, virtual reality and deep learning markets. Nevertheless, there is no doubt that Nvidia has a coupled of near-term challenges to cope with including muted demand for PCs and growing competition from Advanced Micro Devices, Inc. (NASDAQ:AMD) in the gaming graphics processor segments. F4Q2016 highlight Nvidia Corporation (NASDAQ:NVDA)’s F4Q2016 EPS reading of $0.35 was flat YoY but surpassed the consensus estimate of $0.32. Revenue of $1.401 billion expanded 11.9% YoY and topped the consensus estimate of $1.311 billion. The chart below captures Nvidia’s revenue for the last five quarters:…

Link to Full Article: Is Nvidia Corporation (NASDAQ:NVDA) A Good Pick For Your Portfolio?

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