By Mill Chart
Last update: Apr 18, 2024
In this article we will dive into NVIDIA CORP (NASDAQ:NVDA) as a possible candidate for growth investing. Investors should always do their own research, but we noticed NVIDIA CORP showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.
Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.
We assign a technical rating of 9 out of 10 to NVDA. In the last year, NVDA was one of the better performers, but we do observe some doubts in the very recent evolution.
Our latest full technical report of NVDA contains the most current technical analsysis.
Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.
Taking everything into account, NVDA scores 8 out of 10 in our fundamental rating. NVDA was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making NVDA a very profitable company, without any liquidiy or solvency issues. NVDA is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make NVDA suitable for growth and quality investing!
Check the latest full fundamental report of NVDA for a complete fundamental analysis.
Our CANSLIM screen will find you more ideas suited for growth investing.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
NVIDIA CORP
NASDAQ:NVDA (4/30/2024, 7:15:17 PM)
After market: 850.69 -13.33 (-1.54%)864.02
-13.55 (-1.54%)
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