Nvidia (NVDA) Surges 1.77% and Outperforms Market

Nvidia (NVDA) closed at $162.83, up 1.77%. Shares rose 11.14% in the last month, outperforming the S&P 500 and Nasdaq. Earnings report on August 27 predicts $0.99 EPS and $45.69 billion revenue. Zacks estimates $4.24 EPS and $197.54 billion revenue for the fiscal year. Nvidia holds a Zacks Rank of #3 (Hold).

Nvidia’s Forward P/E ratio is 37.72, below the industry average of 39.04. PEG ratio of 1.34 shows potential growth. The Semiconductor – General industry has a Zacks Industry Rank of 90, in the top 37%. Top industries outperform the bottom half 2 to 1. Follow stock metrics on Zacks.com for updates.

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Read more at Nasdaq: Why Nvidia (NVDA) Outpaced the Stock Market Today