“NVIDIA Stock Is A Big Money Favorite”
November 4, 2021
“…In 2021, the stock has attracted 24 Big Money buy signals. Generally speaking, recent green bars could mean more upside is ahead.
Now, let’s check out technical action grabbing my attention:
- 1-month outperformance vs. Vanguard Information Technology ETF (+17.89% vs. VGT)
Outperformance is important for leading stocks.
Next, it’s a good idea to check under the hood. Meaning, I want to make sure the fundamental story is strong too. As you can see, NVIDIA has been growing sales at a double-digit rate. Take a look:
- 3-year sales growth rate (+22.2%)
- 3-year earnings growth rate (+18.0%)
Source: FactSet…”
https://finance.yahoo.com/news/nvidia-stock-big-money-favorite-121411604.html