NVIDIA's Profit Surges, Providing a Boost to the Market

BlockBeats News, November 20th, several analysts stated that NVIDIA's profits were impressive, providing a boost to the market. Sam Stovall, Chief Investment Strategist at CFRA Research, said: "NVIDIA has just hit a home run. This will reassure investors because current and expected continued growth indicate that its valuation may not be as overblown as previously feared." David Trainer, CEO of investment research firm New Constructs, said: "This is exactly the boost the market needed. However, I would like to remind everyone to be cautious as all positive news has already been fully priced into the current stock price." (Jinse)