NVDA Earnings Results
NVDA crushed earnings yesterday and is trading up as a result. The company also announced a 10 for 1 stock split which is bullish.
Their revenue came in at $26B, above all expectations. This means that their revenue grew 262% from just a year ago.
I highly encourage that you listen to their conference call here.
Other Names to Watch
Some important names that you need to watch in sympathy to NVDA are the following: TSM, AVGO, and DELL.
NVDA made a massive move after hours, which doesn’t necessarily mean that the move is over, but it means that in order to make money trading tomorrow, you will have to focus on the secondary names that will move because of NVDA.
DELL is set to open up at all-time highs tomorrow.
AVGO is not quite at all-time highs but has a chance to hit them.
TSM is hitting all-time highs after hours and should benefit greatly from NVDA.
Watch this video for more recap of NVDA earnings and stocks to watch tomorrow in sympathy: