Robert Bender&Associates, managed by Robert L. Bender, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund reduced its position by 52,929 shares.
Spark’s Take on NVDA Stock
According to Spark, TipRanks’ AI Analyst, NVDA is a Outperform.
Nvidia’s overall stock score is strong, driven by exceptional financial performance and a positive earnings outlook. While technical indicators suggest caution, the company’s robust revenue and profit growth, alongside strong guidance, support the stock’s favorable outlook. High valuation and recent technical weakness are notable risks but are offset by the company’s growth trajectory and market leadership.
To see Spark’s full report on NVDA stock, click here.
More about Nvidia Corporation
YTD Price Performance: -24.42%
Average Trading Volume: 312,067,029
Current Market Cap: $2476.4B