Tuesday, August 4, 2009

A word on NVDA

This number reports on the 6th, and I've been touting this number since June 1 at 10.43.

Here's what you can expect when they report. They should expand margins above 33%, easily beating the $709 million estimates. I think they'll do in excess of $800 million the next quarter; a revenue number not in Wall Street's models.

Two weeks after I touted NVDA, they spoke positively about their margins at a conference, and I think those that have been holding this name can make some coin when they report.

Because that's where the street's concern is.
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2 comments:

  1. AnonymousAugust 4, 2009 at 11:28 AM

    i've been holding since 10.85...do you think it's worth holding through the call into next qtr?

    ReplyDelete
  2. PalmoniAugust 4, 2009 at 12:45 PM

    yes--I think it trades over 14 after earnings--and they've been cautious, but now they have been singing a different tune

    so we should get raised guidance and a higher number

    ReplyDelete