Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, May 30, 2025

Article Excerpt

NVIDIA CORP., $135.13, Nasdaq symbol NVDA, is your #1 Aggressive Buy for 2025. The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence (AI), datacentres and self-driving cars. Nvidia estimated that restrictions on exports of certain AI chips to China cut its revenue by $2.5 billion in its fiscal 2026 first quarter, ended April 27, 2025, Even so, its revenue still soared 69.2% in the quarter, to $44.06 billion from $26.04 billion a year earlier. That beat the consensus forecast of $43.31 billion. The export restrictions forced the company to write down the value of its inventories by $4.5 billion. If you exclude that charge and other unusual items, earning in the quarter rose 57.4%, to $0.96 a share (or a total of $23.64 billion) from $0.61 a share (or $15.24 billion). That also topped the consensus estimate of $0.93. Nvidia…