Hi everyone.
On 11/04/2023, our system had provided a few stock picks and the result are as below:
SNOW – (Buy) – Profit
SNOW – (Buy) – Break-even
NVDA – (Buy) – Withdrawn
The Dow closed nearly 0.3% higher in a choppy session on Tuesday, while the S&P 500 finished muted and Nasdaq 100 dropped by 0.4%. Investors reassessed the outlook for monetary policy ahead of Wednesday’s CPI report and earnings season kicking off.
Let’s review our stock picks on Tuesday.
A call for buy for SNOW which resulted in a profit. Our system entered the market at $140.40 and the price hit our adjusted TP at $141.11. Another call for buy for SNOW resulted in a break-even.
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products.
A call for buy for NVDA which was withdrawn. Our system withdrew because the price fell during the opening session and throughout the market session.
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Its Compute & Networking segment provides Data Center platforms and systems for AI, HPC, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; cryptocurrency mining processors; Jetson for robotics and other embedded platforms; and NVIDIA AI Enterprise and other software.
Stay tuned for more of our stock picks.
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