2 Tech Stocks Trending Including NVDA stock, HLIT Stock
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According to techstockmovers.com, there are a few trending tech stocks that have recently received buy ratings and showing positive investor sentiment, as well as news headlines. With that said, the editors over at techstockmovers.com, are adding the stocks below to their tech stock watchlist. That staff here at finmarketnews.com, will continue to monitor these technology companies to see if the momentum continues. FinMarketNews.com is looking into these tickers DAWN, MTDR, AVY, CMC, MNST, RTX and more..
Recent NVDA Stock Price: $261.99
Summary: NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company's focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms.NVIDIA's GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms. The company's GPU platforms are playing a major role in developing multi-billion-dollar end-markets like robotics and self-driving vehicles.NVIDIA is a dominant name in the Data Center, professional visualization and gaming markets where Intel and Advanced Micro Devices are playing a catch-up role. The company's partnership with almost all major cloud service providers (CSPs) and server vendors is a key catalyst.
Vivek Arya analyst at Bank of America Securities reiterates coverage on Nvidia (NVDA) in the energy sector with a Buy rating and has set NVDA's stock price target at $ 275.
TipRanks.com reports that Nvidia currently has 32 analysts offering 12-month price targets on NVDA and the consensus is a Moderate Buy rating with an average stock price target of $263.47. The most recent NVDA stock price we have is $261.99 and we are not making any NVDA forecasts at this time.
In addition, TradingView issued a Strong Buy rating for NVDA over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on NVDA. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on NVDA, please click here >>
Harmonic, HLIT
Recent HLIT Stock Price: $14.37
Summary: Harmonic Inc. enables media companies and service providers to deliver ultra-high-quality broadcast and OTT video services to consumers globally.The company has also revolutionized cable access networking via the industry's first virtualized CCAP solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software-as-a-service (SaaS) technologies, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and VOD content on every screen.
Tim Savageaux analyst at Northland Securities reiterates coverage on Harmonic (HLIT) in the energy sector with a Buy rating and has set HLIT's stock price target at $ 23.
TipRanks.com reports that Harmonic currently has 6 analysts offering 12-month price targets on HLIT and the consensus is a Strong Buy rating with an average stock price target of $19.67. The most recent HLIT stock price we have is $14.37 and we are not making any HLIT forecasts at this time.
In addition, TradingView issued a Strong Buy rating for HLIT over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on HLIT. finmarketnews.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on HLIT, please click here >>
The editors at finmarketnews.com use a variety of research tools to generate our watchlists and research reports. One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star RankingTM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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