Top Analyst Reports for NVIDIA, Procter & Gamble & NextEra Energy
Wednesday, October 16, 2023The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including NVIDIA Corporation (NVDA), The Procter & Gamble Company (PG) and NextEra Energy, Inc. (NEE). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.You can see all of today’s research reports here >>>NVIDIA shares have outperformed the Zacks Semiconductor – General industry over the past year (+285.4% vs. +152.9%), a huge outperformance relative the S&P 500 index’s +18.1% gain. The Zacks analyst believes that strong growth from artificial intelligence (AI), high-performance computing and accelerated computing is boosting its Compute & Networking revenues. Large language models using GPUs based on NVIDIA Hopper and Ampere architectures, rising demand for generative AI and surge in Hyperscale demand also aid its growth.Continued momentum in the small and medium businesses and frontline worker offerings have driven the top-line growth.However, the company’s near-term prospects are likely to be hurt by weakening demand for chips used in the professional visualization end market.(You can read the full research report on NVIDIA here >>>)Procter & Gamble shares have outperformed the Zacks Consumer Staples –
Read MoreThe Zacks Analyst Blog Highlights Adobe, Deere, American Express, Broadcom and …
Chicago, IL – October 16, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Adobe Inc. ADBE, Deere & Co. DE, American Express Co. AXP, Broadcom Inc. AVGO and Sony Group Corp. SONY.
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