|Bid||194.30 x 1200|
|Ask||194.53 x 800|
|Day's range||192.52 - 197.00|
|52-week range||102.09 - 208.75|
|Beta (5Y monthly)||1.38|
|PE ratio (TTM)||92.47|
|Earnings date||18 Aug 2021|
|Forward dividend & yield||0.16 (0.08%)|
|Ex-dividend date||09 Jun 2021|
|1y target est||757.31|
Shares of Nvidia (NASDAQ: NVDA) rose nearly 8% this week, following bullish analyst remarks. On Monday, Nvidia's stock price appeared to benefit from positive comments from Morningstar. "After taking a fresh look at our thesis on Nvidia, we are raising our moat rating to wide from narrow, thanks to intangible assets related to the design of graphics processing units (GPUs)," said Morningstar analyst Abhinav Davuluri.
Chipmakers Nvidia (NASDAQ: NVDA) and Micron Technology (NASDAQ: MU) have had very different experiences on the stock market so far in 2021, even though both companies have been delivering stellar results quarter after quarter. While Nvidia stock has handily beaten the market, Micron shares have remained nearly flat thus far. Is this a signal that investors should start dumping Micron stock and load up on Nvidia?
Garrett Nelson, Senior Equity Analyst, CFRA Research, joins Yahoo Finance to discuss the hit to General Motors’s truck production due to the chip shortage and the impact of the shortage to the overall auto industry.