NVDA starting to look good too

[BuyOnDips]

It seems like lots of good stocks are on sale. NVDA reported yesterday and had a pretty good Qtr. Their key stats look pretty good. But it's selling off today. It could be another good long term buy. Do your homework.

http://finance.yahoo.com/q/ks?s=NVDA

http://seekingalpha.com/article/64536-nvidia-f4q08-qtr-end-1-27-08-earnings-call-transcript?source=yahoo

http://biz.yahoo.com/prnews/080213/aqw134.html?.v=29

[pedrom727]

I've liked this company for a while, they've pretty much destroyed AMD and in my opinion will continue to do so, the GeForce product line is best of breed and there aren't many serious competitors with them in this pretty big industry. Luckily I took profits before the quarter which was actually good, but higher cost forecast sent it down heavily. This stock use to trade up to $36 in December, I continue to be a buyer as it nears $23.50. If it breaks through $22.60 or so I'd sell as it is already under its support level of $25.12. Take profits often as this stock as volatile, buy on dips like the one we have today.

[thekube]

I bought a good amount at 23.45. I'm holding onto it for a while. Earnings were good, growth was great. Company has a lot of cash, no debt, and not much competition. As stated above, this stock fluctuates a lot, it can take off pretty quick.

[rcollier]

buy order @ $22.67

[BuyOnDips]

It certainly is a volatile stock. It trades like CREE, not for the weak hearted share holder. I haven't bought any shares yet, but it does look interesting at these levels. Here's an interesting article where some analysts that follow NVDA make some comments on the recent Qtr.

http://seekingalpha.com/article/64674-nvidia-shares-swoon-on-margin-concerns?source=etrade

[piggybank]

Even having read those comments on seekingalpha i am not convinced. Don't get me wrong i have no position in Nvidea and i'm not planning to get one either, just not my market, but i think its a great company and still am ofthe oppinion that its a great long term stock. I work in IT wand am a casual gamer, in any case i have seen more than enough opportunity to value the quality of their work, and compared to their competitor's it's compelling.

In any case, my humble oppinions in argument to the SA comments:

- The margin change is hardly compelling.
- Revenue's and profit still rose well while the stock tumbes today.Just didn't beat expectations.
- It's not overvalued
- Intel and Amd can only wish to be able to compete with Nvidea
- It's not because computers sales go down that Graphic cards will do so simmilarly. Gamers buy 3x more gfx cards than new pc's. Graphic designing company's will rather cut on their IT in other way's than on Gfx cards.

All IMHO afcourse. Still most target's on that page were well above the 23$ it's at now. I guess this is probably close to, if not, a dip. even if there are some potential fly's in the ointment.

[kamo]

Thanks for bringing this to our attention. Looks like it is holding its $22ish trend line from back in May 2007 for now.....next couple of days could be a different story. I don't know if that will hold it up, but personally I'd like to see it crash through & bounce off it's $18 - 19ish trend support. It would look alot more attractive to me for a buy & hold if this happened.

GLTA if your in this right now

[Rynn]

I wouldn't buy Nvidia right now. They tend to focus on the high end of the market, and with the current economic downturn people are looking to buy cheaper PCs. Asus and Everex are selling millions of those $400 laptops. I think companies selling high-volume, low-cost components will do well in 2008. Asus is using parts from Intel and Everex is buying from Via. INTC was a good deal when it was below $19.

BTW, I am long many shares of CREE. I think they have great growth potential.

[piggybank]

I wouldn't buy Nvidia right now. They tend to focus on the high end of the market, and with the current economic downturn people are looking to buy cheaper PCs. Asus and Everex are selling millions of those $400 laptops.


Doesn't matter much IMO. The people buying 400$ laptops have never been the people buying high end NVidia cards. Gamers an graphics design company's buy them mostly. And for them it's more a matter of being up with standards in order to be able to run what is hot in that sector.

Games are advancing in quality, people like to play high quality games, and thus need high end gfx cards, and high end pc's to.

[talaat]

The newish Windows Vista operating system requires a decent graphics card to enable it's fancy features. I notice that on the Dell configurable PCs the Nvidia cards are an upgrade option.

There should be an increase in PC sales when MS releases Vista service pack 1 in the near future.

[Rynn]

Doesn't matter much IMO. The people buying 400$ laptops have never been the people buying high end NVidia cards. Gamers an graphics design company's buy them mostly. And for them it's more a matter of being up with standards in order to be able to run what is hot in that sector.

Games are advancing in quality, people like to play high quality games, and thus need high end gfx cards, and high end pc's to.
Oh, I think they will hold on to the gamer market, I just wouldn't count on huge growth. Projections for the next few quarters are pretty much flat. Sure people like to play high quality games, but it is discretionary spending and subject to variation due to broader economic conditions.

[Thierry Martin]

2697

[Rynn]

The newish Windows Vista operating system requires a decent graphics card to enable it's fancy features. I notice that on the Dell configurable PCs the Nvidia cards are an upgrade option.

There should be an increase in PC sales when MS releases Vista service pack 1 in the near future.
I wouldn't count on it. When Vista launched a year ago, many people projected a huge boom in PC sales. Component manufacturers ramped up production to meet this expected demand. When the expected demand did not materialize, manufacturers ended up selling their excess inventory at a loss. MU, QI, Hynix, all had massive losses by the second half of 2007.

[thekube]

Here's a video of their new mobile phone processor. Looks really slick and has nice 3d capabilities, but its not out yet in real devices:

http://www.infosyncworld.com/news/n/9030.html

Here's a screenshot of someone playing Quake 3 with it:

http://www.engadgetmobile.com/gallery/hands-on-with-nvidias-apx-2500-and-yeah-it-plays-quake/638782/

Can decode and capture 720P HD video, here it is hooked up to a big TV:

http://www.engadgetmobile.com/photos/hands-on-with-nvidias-apx-2500-and-yeah-it-plays-quake/638791/

Pretty neat!

[BuyOnDips]

Here's an interesting article on AMD possibly merging with NVDA(not likely) or IBM.

http://www.tomshardware.com/2008/02/14/amd_merge_or_not/

I think if IBM bought AMD, that would put a lot of negative pressure on NVDA's stock. Of course, as NVDA's stock gets cheaper, they could easily be a buyout target as well. INTC might want to buy NVDA.

I also didn't know that ATI(AMD) now has the fastest graphics card on the market(at least for the moment).

http://www.tomshardware.com/2008/02/04/best_cards_february_2008/

NVDA's stock does seem cheap here. I'm not buying yet though.