- Ring The Bell
- Posts
- 📉 While NVIDIA's Stock Drops, Analysts Say Buy These Stocks
📉 While NVIDIA's Stock Drops, Analysts Say Buy These Stocks
NVIDIA's earnings report fails to pass the high bar, analysts weigh in on three high-dividend real estate names and more
You're receiving this email because you're subscribed to Ring the Bell from Benzinga. To manage your subscription, click the link at the bottom of this email.
Happy Thursday Zingernation! We might still be (exactly) a week away from NFL football, but yesterday was Wall Street’s Super Bowl. I say that because NVIDIA super bulls held a watch party, as if it were a big sporting event, in NYC for the company’s big report. Here’s how the report went, and taking a look at a few real estate stocks with high dividend yields.
—Aaron Bry
Plus, tired of roller coaster rides in the stock market? Check out this risk management system using crypto.
MARKET SNAPSHOT
Yesterday: Traders were a little on edge ahead of NVIDIA’s big earnings report, with all major indices closing slightly lower. $SMCI was the big loser on the day, closing down nearly 20% following a short report from Hindenburg.
On Our Radar: With NVIDIA’s earnings officially in the rear view mirror, investors will look ahead to tomorrow’s PCE report, which should shed some light on the Fed’s progress in tackling inflation.
TOP STORY
Basically: Artificial intelligence stalwart Nvidia Corp reported Wednesday after the market close forecast-bearing results and also issued above-consensus guidance. A slight sequential decline in margin was the only sore spot. Notwithstanding the outperformance, the chipmaker could not satiate the Street.
What Happened: Nvidia reported fiscal year 2025 second-quarter non-GAAP earnings of 68 cents per share and revenue of $30.04 billion, outperforming the Street estimate of 64 cents and $28.68 billion. So despite the strong numbers, here’s why the stock went down, and which other names are trading down with it.
PRESENTED BY SEASONAL TOKENS
Tired Of Market Volatility? Discover An Investment Strategy For Risk Management With Seasonal Tokens
The Seasonal Tokens project comprises four unique cryptocurrencies – Spring, Summer, Autumn and Winter – whose coin production and profitability are symbiotic. Like Bitcoin, Seasonals Tokens are mined and rely on the proof-of-work (PoW) algorithm. However, Seasonal Tokens differ in that they run on the Ethereum blockchain. Seasonal Tokens halvings events occur every nine months across the four cryptocurrencies.
The Seasonal Tokens Winter token is nearing its halving event in September, marking the first three-year cycle of this cryptocurrency. Investors seeking a long-term investment strategy should consider holding Seasonal Tokens, each of which can be traded for other Seasonal Tokens as well as currencies like Bitcoin.
FIVE ZINGERS
Here We Go Again: Inflation numbers are coming out tomorrow morning before the open, and some experts expect the number to creep higher.
Is Best Buy A Buy?: Best Buy’s earnings report was overshadowed by NVIDIA’s, but the electronics store could be a turnaround story.
Can’t Stop Won’t Stop: Despite high interest rates, the U.S. economy outperformed expectations in Q2, growing 3%, higher than estimates.
Crowded Trade: CrowdStrike’s stock spiked initially off the company’s report, but here’s why it’s now trading down as we head into the open.
Not Just Tesla: Tesla isn’t the only car company struggling to maintain sales in China. Here’s why Toyota is also hurting in one of its biggest markets.
ONE FOR THE ROAD
Basically: During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
So: Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Here are some of the top real estate stocks with significant dividends.
PRESENTED BY LOGICMARK
LogicMark (NASDAQ: LGMK) has reinvented itself from a pure hardware play to one that participates in the Caring Platform as a Service (CPaaS) market segment. CPaaS is a market whose time has come amid the rise of mobile ride-share apps, mobile dating sites and other technologies that create vulnerable situations for users. With a tech-centric leadership team in place,
LogicMark is making its mark in the internet-of-things (IoT) and the rising care economy with the launch of Aster, a subscription-based safety app that is making the world a safer place. Aster is only the first use case of the company’s CPaaS model.
BEFORE YOU GO
Were you forwarded this email? Click here to subscribe.
And be sure to check out our other newsletters:
Future Finance: Where fintech, crypto, and the future of finance collide. Future Finance is a perfect lunch read packed with quick bites for industry enthusiasts. Subscribe here.
Cannabis Daily: A must-read daily briefing for cannabis investors, operators, and enthusiasts. Join our list of industry veterans to jump start your morning. Subscribe here.
Real Estate Weekly: Where we highlight the movers and the losers, the upgrades and the downgrades, the top stories and opportunities in the trillion dollar REIT and real asset industry. Subscribe here.
Mining Weekly: Get an insider's edge with news, analysis, and commentary on what’s shaping the mining and commodities industry that powers the global economy. Subscribe here.
Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis, and news. Subscribe here.