Yahoo Finance Top Stock Picks for Week of October 7, 2019
NVIDIA Corporation NVDA,is the worldwide leader in graphics processors and media communications devices. NVIDIA has been making concerted efforts to strengthen its position in the several emerging markets. Growth across automotive, gaming plus OEM and IP end-markets is expected to be a key catalyst. NVIDIA is a cash-rich company that lends it flexibility to invest in the long-term growth prospects and return money to its shareholders. During fiscal 2019, the company returned $1.95 billion to investors through a combination of $1.58 billion in share repurchases and $371 million in quarterly cash dividends. The company is committed to returning $3 billion to shareholders.
Frontline Ltd. FRO, This shipping company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing by double digits over the last 60 days. Frontline’s shares gained by double digits over the last month as well. Investors should also pay attention to FRO's average 20-day trading volume.
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