NVIDIA CORP (NASDAQ:NVDA) – A High-Growth Momentum Stock with Strong Technical Setup

NVIDIA CORP (NASDAQ:NVDA) stands out as a high-growth momentum candidate with a solid technical setup. The company’s strong earnings momentum, expanding profit margins, and consistent revenue growth make it appealing for growth investors, while its technical chart suggests a favorable entry point.

Growth Momentum Highlights

• Earnings Growth: NVIDIA’s trailing twelve-month (TTM) EPS growth stands at 85.6%, with recent quarterly EPS growth exceeding 56%. The company has consistently beaten earnings estimates, with an average surprise of 3.66% over the last four quarters.
• Revenue Expansion: Sales growth remains robust, with TTM revenue up 86.2% and recent quarterly sales growth at 69.2%. The company has also outperformed revenue estimates in three of the last four quarters.
• Profit Margins: NVIDIA maintains strong profitability, with a trailing quarter profit margin of 42.6% and a full-year margin of 55.8%.
• Free Cash Flow Growth: Free cash flow per share surged by 1,312.7% year-over-year, reflecting strong operational efficiency.

Technical Strength & Setup

NVIDIA’s technical rating of 9 out of 10 indicates a strong uptrend, supported by:

• Positive Trends: Both short-term and long-term trends are bullish.
• Relative Strength: The stock outperforms 82% of its peers in the Semiconductors & Semiconductor Equipment industry.
• Consolidation Pattern: The setup rating of 7 suggests a pullback within a broader uptrend, offering a potential entry point. Key support levels are near $130, with resistance above the current price.

For a deeper technical analysis, review the full NVIDIA technical report.

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Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.