|Bid||415.58 x 1100|
|Ask||415.90 x 3100|
|Day's range||412.31 - 421.15|
|52-week range||108.13 - 502.66|
|Beta (5Y monthly)||1.74|
|PE ratio (TTM)||100.51|
|Earnings date||21 Nov 2023|
|Forward dividend & yield||0.16 (0.04%)|
|Ex-dividend date||06 Sept 2023|
|1y target est||585.52|
AMD and Qualcomm may not be growing at the same pace as Nvidia. But investors may have punished these stocks a bit too much.
A sectorwide frenzy for artificial intelligence (AI) stocks is driving many stocks through the ceiling. In particular, chip designer Nvidia (NASDAQ: NVDA) has joined the exclusive club of trillion-dollar market caps by more than tripling its stock price in the last 52 weeks. This doesn't look like the best time to put new money into Nvidia, though.
A sleep-well-at-night (SWAN) strategy for stock picking is a goal for many long-term investors. Free cash flow, dividends, or buybacks, and operations in secular growth industries are three things to look for in these stocks. If you have $1,500 in an investment account, whether from dividends, selling a winner or cutting losses on a loser (it happens), or monthly deposits adding up, these stocks may be an excellent place to invest for the long term.