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Nvidia Is Next Week's Top Stock, Market Strategist Says: Why Best Long-Term Idea Is 'Just Buy Nvidia And Put It Away'

Benzinga ·  Aug 23 14:59

An earnings report fromNVIDIA Corporation(NASDAQ:NVDA) will be closely watched by investors and could be a market-leading indicator, a market strategist tells Benzinga ahead of the results coming Aug. 28 after market close.

Nvidia Earnings on Watch: Analysts expect Nvidia to report second-quarter revenue of $28.46 billion, up from $13.51 billion in last year's second quarter, according to data from Benzinga Pro.

Estimates call for Nvidia to report second-quarter earnings pre share of 64 cents, compared to 27 cents per share in last year's second quarter.

Nvidia has beaten revenue estimates in seven straight quarters and nine of...

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