Top Stock Picks for the Week of October 16th
NVIDIA Corporation (NVDA), focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). This #1, Strong Buy has a positive record of earnings surprises in recent quarters. That has helped NVIDIA outperform its industry from a price performance perspective. The company’s sustained efforts toward attaining a robust position in several emerging industries, including Artificial Intelligence, makes analysts optimistic on its growth prospects.
Applied Materials, Inc. (AMAT), is one of the world’s largest suppliers of fabrication equipment to semiconductor, LCD and solar PV cell manufacturers. It’s been an industry leader for over 20 years. The company just turned in its best quarter in its 50 year history. With excellent results for Q3 and FY 2017, it beat estimates on both its top and bottom lines. This company enjoys multiple growth drivers.
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