NVDA is the only standalone high end graphics provider to all level.
NVDA has shown INCREDIBLE year after year sales & eps growth in a very competitive field.
NVDA has shown a "knack for increasing margins"....a rarity in in established technology companies.
NVDA'S competition are in disarray......name it AMD( ATYT) or INTC they are involved in their "survival strategy @ best"
NVDA has delivered Q after Q and beats estimates as a "given".
NVDA will be the biggest beneficiary of "Vista "....... hello PC...........hello Mac.....
Vista requires higher graphics to avail of its many features.
The whole internet experience is shifting to graphics ala U tube...video/gaming is in big time.
NVDA is setting the standards for "sharper 3D /HD video".
So where is this great company in terms of technicals......I am glad you asked !!!!!
NVDA closed @ $34.88 on friday......its 52 week high is $38.96.
NVDA CMF is GREEN.
P&F chart target is $52....which is $17.12 or 49% further UP move.
NVDA Sales & EPS targets has been revised UP.
The following are the current consensus for Q2 ending July 07:
Sales...................$852.84 Million
YOY.....................+24%
EPS....................42 cents
YOY.....................+44.8%
NVDA will also show +7.6% EPS sequential growth Q/Q.
NVDA is expected to earn $2.05 ending Jan 09 vs $1.83 Jan 08 vs $1.50 Jan 07..................so you can give your prefferred multiple.
NVDA has a history of beating estimates which is great for future UP movement of its stock price.
NVDA is a long term hold for me .
Please do your OWN due diligence.
I do own NVDA in my portfolio.
BLOG does not give buy or sell.
Good luck on your strategy for next week.
Saleem
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