NVIDIA Corporation: Why NVIDIA Stock Is Breaking All Records
Can NVDA Stock Continue Its Gains? NVIDIA Corporation (NASDAQ:NVDA) stock is on fire. It’s one of the best-performing stocks in the NASDAQ 100 index in 2016. Nvidia stock went up by almost seven percent in its last trading session, and the stock has posted an incredible gain of more than 250% year-to-date. NVDA stock has been marching ahead, following its impressive third-quarter earnings report, which was released in November. The company reported record revenues of $2.0 billion, up 54% from a year ago. Nvidia stock had touched its all-time high after the company shocked investors with its earnings beat. Nvidia Corporation’s new initiatives in deep learning, virtual reality (VR), data centers, cloud services, and driverless cars have resulted in the company’s biggest sales growth in six years. Much of the growth came from…
Link to Full Article: NVIDIA Corporation: Why NVIDIA Stock Is Breaking All Records
NVIDIA Corporation: Why NVIDIA Stock Is Breaking All Records
