NVIDIA CORP. $19 - Nasdaq symbol NVDA

NVIDIA CORP. $19 (Nasdaq symbol NVDA; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 558.0 million; Market cap: $10.6 billion; Price-to-sales ratio: 2.6; Yield: 1.8%; TSINetwork Rating: Average; www.nvidia.com) earned $166.1 million in the quarter ended April 27, 2014. That’s up 45.9% from $113.8 million a year ago. Per-share earnings jumped 61.1%, to $0.29 from $0.18, on fewer shares outstanding.

Sales rose 15.5%, to $1.1 billion from $954.7 million, thanks to strong demand for Nvidia’s new high-end video chips. However, it faces strong competition from larger chip makers as it expands into new markets, like mobile devices and data centres.

Nvidia is a hold.

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.