1. Nvidia Corporation reported a double beat in Q3 earnings, but the stock pulled back due to conservative guidance and investor expectations. 2. Revenue growth is decelerating, with Q3 showing a 90% year-over-year increase, down from 270% in Q4 last year. 3. NVDA's valuation is high at over 50x net profits, and with slowing growth, it may not be an ideal buying opportunity.
Related Articles
- Palantir Is Positioned For A Beat And Raise In Its Upcoming Earnings7 months ago
- SoFi Technologies: Don't Overthink It - Accumulate More While You Still Can2 months ago
- Higher High, Lower High; AMD Is A Buy2 months ago
- SoFi Technologies: Don't Let This Steep Selloff Go To Waste (Rating Upgrade)2 months ago
- Nebius: A 10x AI Growth Story Still Flying Under Wall Street's Radar2 months ago
- Sibanye Stillwater: Possibly Overbought After Its Latest Surge2 months ago
- PayPal: Steady Margin Expansion Could Deliver Promising Returns3 months ago
- Astera Labs: There Are Signs Of A Bottom (Technical Analysis) (Rating Upgrade)3 months ago
- Dell: Challenging Financials, But Valuation Too Cheap To Ignore3 months ago
- Super Micro Computer: Why A Breakout Move Higher Could Surprise The Bears4 months ago