$英伟达 (NVDA.US)$has been a big gainer, but now other, smaller chip stocks look cheaper.
What happened
Shares of semiconductor company $英伟达 (NVDA.US)$ dropped again on Monday -- down 4.2% as of noon ET -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.
So what
From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.
Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that "semiconductors are beneath the hood of an increasing number of products," but "things made with chips don't just use one chip." Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.
Now what
That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.
This morning, analysts at JPMorgan, at UBS, at Barclays, Citigroup, R.W. Baird, and Evercore ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended $高通 (QCOM.US)$ for its earnings upside, Evercore picked $美光科技 (MU.US)$ -1.39% as a stock that is "structurally undervalued," and Barclays, Baird, and Citi raised their price targets on $博通 (AVGO.US)$ -1.59% based on demand for its products.
Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.
And it's just as clear why some investors might have decided that now is a good time to cash out some Nvidia stock winnings, and reinvest them in relatively cheaper stocks.
What happened
Shares of semiconductor company $英伟达 (NVDA.US)$ dropped again on Monday -- down 4.2% as of noon ET -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.
So what
From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.
Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that "semiconductors are beneath the hood of an increasing number of products," but "things made with chips don't just use one chip." Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.
Now what
That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.
This morning, analysts at JPMorgan, at UBS, at Barclays, Citigroup, R.W. Baird, and Evercore ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended $高通 (QCOM.US)$ for its earnings upside, Evercore picked $美光科技 (MU.US)$ -1.39% as a stock that is "structurally undervalued," and Barclays, Baird, and Citi raised their price targets on $博通 (AVGO.US)$ -1.59% based on demand for its products.
Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.
And it's just as clear why some investors might have decided that now is a good time to cash out some Nvidia stock winnings, and reinvest them in relatively cheaper stocks.
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剧透:
在本帖的结尾,有机会赢取积分!
周一快乐 mooer们欢迎回到 每周热点,在这里我们将根据moomoo平台上上周搜索和留言量来审查选定股票的新闻、表现和社区情绪!(Nano股票已排除在外。)
第一部分:做出你的选择
第二部分:热门股票列表与牛友评论
每个主要指数都上涨 下跌 last week. Here is the weekly buzzing sto...
在本帖的结尾,有机会赢取积分!
周一快乐 mooer们欢迎回到 每周热点,在这里我们将根据moomoo平台上上周搜索和留言量来审查选定股票的新闻、表现和社区情绪!(Nano股票已排除在外。)
第一部分:做出你的选择
第二部分:热门股票列表与牛友评论
每个主要指数都上涨 下跌 last week. Here is the weekly buzzing sto...
已翻译
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距离圣诞节还有不到多久的时间了。在这个喜庆的氛围中,与你们Moo Moo社区分享和交流投资技巧。美国市场是一个快节奏的市场。通过使用支撑位和压力位分析来监控趋势,要保持警惕。我的经验是快速进入,快速赚钱,然后迅速退出。我对圣诞节的愿望是黑莓和诺基亚的价格能够再次上涨超过13和7。祝大家圣诞节快乐。 $黑莓 (BB.US)$距离圣诞节还有不到多久的时间了。在这个喜庆的氛围中,与你们Moo Moo社区分享和交流投资技巧。美国市场是一个快节奏的市场。通过使用支撑位和压力位分析来监控趋势,要保持警惕。我的经验是快速进入,快速赚钱,然后迅速退出。我对圣诞节的愿望是黑莓和诺基亚的价格能够再次上涨超过13和7。祝大家圣诞节快乐。 $诺基亚 (NOK.US)$距离圣诞节还有不到多久的时间了。在这个喜庆的氛围中,与你们Moo Moo社区分享和交流投资技巧。美国市场是一个快节奏的市场。通过使用支撑位和压力位分析来监控趋势,要保持警惕。我的经验是快速进入,快速赚钱,然后迅速退出。我对圣诞节的愿望是黑莓和诺基亚的价格能够再次上涨超过13和7。祝大家圣诞节快乐。
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$黑莓 (BB.US)$10.3撑不住的话,要回9.5了。 收敛三角形,经典盘整形态,等方向明朗再入场风险较低。如果破位下跌,埋伏也没用。
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