Positive.

From Nasdaq: 2024-09-20 16:07:00

The Zacks Research Daily highlights new reports on 16 major stocks, including NVIDIA Corp., Netflix, Inc., Applied Materials, Inc., and micro-cap stock CSP Inc. NVIDIA’s shares have surged due to AI, high performance computing, and strong data center demand. Netflix continues to grow its subscriber base and diversified content. Applied Materials benefits from strong revenue momentum in its various segments. CSP sees growth in its services segment and product line, with a strong cash position.

NVIDIA’s revenue expected to witness a CAGR of 46.4% through fiscal 2025-2027, but faces concerns from softening IT spending and the US-China tech war. Netflix’s rising subscriber count and diverse content portfolio position it for continued success, despite competition in the streaming space. Applied Materials benefits from strength in its global services segment and semiconductor industry presence. CSP’s strong cash position, expanding product line, and recurring revenue models support its growth.



Read more at Nasdaq: Top Research Reports for NVIDIA, Netflix & Applied Materials