CNBC's Jim Cramer didn't rename his dog Everest to Nvidia for nothing — he did it because the company is a "remarkable" leader in the world of computing chips, he said on Friday.
"Nvidia's a rescue dog, and I feel compelled today to rescue Nvidia, the company, from the narrative that I most feared: the one that says its stock is falling ... because of a decline in cryptocurrency mining," the "Mad Money" host said one day after Nvidia's earnings report.
Beating analysts' expectations on the top and bottom lines, Nvidia's first-quarter report showed a slowdown in its cryptocurrency-mining segment.
When the price of bitcoin neared $20,000, crypto-fanatics bought Nvidia's powerful, costly gaming chips to mine the cryptocurrency, "inflating the company's bottom line in an unsustainable way," Cramer said.
Top 5 Stocks To Watch Right Now: LyondellBasell Industries NV(LYB)
Advisors' Opinion:- [By Motley Fool Transcribers]
Lyondellbasell Industries N.V. (NYSE:LYB)Q4 2018 Earnings Conference CallFeb. 01, 2019, 11:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Max Byerly]
United Services Automobile Association increased its holdings in shares of LyondellBasell Industries NV (NYSE:LYB) by 0.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 269,301 shares of the specialty chemicals company’s stock after buying an additional 950 shares during the period. United Services Automobile Association’s holdings in LyondellBasell Industries were worth $29,583,000 at the end of the most recent quarter.
- [By Joseph Griffin]
Standpoint Research reiterated their hold rating on shares of LyondellBasell (NYSE:LYB) in a research note released on Friday.
Several other analysts have also recently issued reports on LYB. ValuEngine raised shares of LyondellBasell from a buy rating to a strong-buy rating in a research note on Friday, February 2nd. Barclays boosted their price objective on shares of LyondellBasell from $115.00 to $125.00 and gave the company an overweight rating in a research note on Monday, February 5th. Zacks Investment Research raised shares of LyondellBasell from a hold rating to a buy rating and set a $132.00 price objective for the company in a research note on Monday, February 5th. SunTrust Banks reissued a hold rating and set a $105.00 price objective on shares of LyondellBasell in a research note on Tuesday, February 6th. They noted that the move was a valuation call. Finally, Morgan Stanley set a $130.00 price objective on shares of LyondellBasell and gave the company a buy rating in a research note on Monday, February 5th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $116.25.
Top 5 Stocks To Watch Right Now: Mastech Holdings, Inc(MHH)
Advisors' Opinion:- [By Joseph Griffin]
Mastech Digital Inc (NYSEAMERICAN:MHH) CFO John J. Cronin sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $10.74, for a total value of $128,880.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Top 5 Stocks To Watch Right Now: Teladoc, Inc.(TDOC)
Advisors' Opinion:- [By Motley Fool Staff]
So while Fischer is pitching cloud software company AppFolio (NASDAQ:APPF) and Bush suggests cybersecurity player Carbon Black (NASDAQ:CBLK), Moser is going with a healthcare basket: insurer UnitedHealth Group (NYSE:UNH) big dog, medical device maker Masimo (NASDAQ:MASI), pet-focused Idexx Labs (NASDAQ:IDXX), and remote medicine leader Teladoc (NYSE:TDOC).
- [By WWW.GURUFOCUS.COM]
For the details of SUMMIT PARTNERS L P's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=SUMMIT+PARTNERS+L+P
These are the top 5 holdings of SUMMIT PARTNERS L PCasa Systems Inc (CASA) - 34,124,480 shares, 69.28% of the total portfolio. Shares reduced by 12.15%Smartsheet Inc (SMAR) - 2,408,620 shares, 7.78% of the total portfolio. New PositionA10 Networks Inc (ATEN) - 9,492,417 shares, 7.35% of the total portfolio. Acacia Communications Inc (ACIA) - 1,304,573 shares, 5.65% of the total portfolio. Teladoc Inc (TDOC) - 650,681 shares, 4.7% of the tota - [By Chris Hill]
In today's episode of MarketFoolery, host Chris Hill and Motley Fool analyst Jason Moser go through some of the messy metrics from this quarter and explain which areas long-term investors should focus on to track how the company is doing. Also, Texas Roadhouse (NASDAQ:TXRH) clocked in another good quarter, but how can the restaurant grow from here? Virtual healthcare provider Teladoc (NYSE:TDOC) reports earnings later today, and long-term investors should watch for progress in these key metrics. Tune in to find out more.
- [By Daniel B. Kline]
Lewis: I know on Wednesday show, Kristine spent some time talking about Teladoc's (NYSE:TDOC) services, and the idea of e-health, not having to go to a doctor to actually meet your doctor. If you're really sick, being at home. I think that that's something that's really appealing to a lot of people. That's going to be pretty disruptive in the healthcare space.
Top 5 Stocks To Watch Right Now: Armada Hoffler Properties, Inc.(AHH)
Advisors' Opinion:- [By Lee Jackson]
Armada Hoffler Properties Inc. (NYSE: AHH) is a vertically integrated, self-managed REIT developing, building, acquiring and managing high-quality, institutional-grade office, retail and multifamily properties. Investors receive a 5.78% yield. The shares have traded in a 52-week range of $12.66 to $16.01 and were recently seen at $13.85. The consensus price target is set at $15.17.
- [By Lisa Levin]
Wednesday morning, the real estate shares surged 0.67 percent. Meanwhile, top gainers in the sector included Innovative Industrial Properties, Inc. (NYSE: IIPR), up 5 percent, and Armada Hoffler Properties, Inc. (NYSE: AHH) up 3 percent.
- [By Stephan Byrd]
Principal Financial Group Inc. increased its holdings in Armada Hoffler Properties Inc (NYSE:AHH) by 2.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 345,684 shares of the real estate investment trust’s stock after purchasing an additional 9,584 shares during the period. Principal Financial Group Inc.’s holdings in Armada Hoffler Properties were worth $4,732,000 as of its most recent filing with the SEC.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Armada Hoffler Properties (AHH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Stocks To Watch Right Now: (VIAB)
Advisors' Opinion:- [By Lisa Levin]
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Edwards Lifesciences Corp (NYSE: EW) reported better-than-expected results for its first quarter, but issued weak earnings guidance for the second quarter. Edwards Lifesciences shares tumbled 7.80 percent to $124.17 in the after-hour - [By Chris Hill]
The internet giant formerly known as Google just keeps plowing ahead, with growth on a host of fronts. But despite its beating fourth-quarter expectations on profits and revenues, its share price dipped a few percentage points Tuesday. Media B-lister Viacom (NASDAQ:VIA) (NASDAQ:VIAB), by contrast, reported mixed numbers, but got a share price pop.
- [By Adam Levy]
Amazon (NASDAQ:AMZN) is set to spend about $5 billion on content for Prime Instant Video this year. In an effort to expand its movie selection, the company has held talks to co-finance films with Viacom's (NASDAQ:VIAB) Paramount Pictures and Sony (NYSE:SNE), according to a report from Bloomberg.
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