NVIDIA Corporation is one of the largest developers of graphics cards and processors. The market known brands GeForce, nForce, ION, Tegra. The company's turnover exceeds 5 billion. dollars. The company's headquarters is located in Santa Clara, California (USA).
Out of the annual financial report February 17, 2016, provoked a gap at the level of $ 27.65 to $ 29.93 for the benefit of the company. Income for the 4th quarter increased by 12% over the same period last year and amounted to US $ 1.4 billion. ($ 0.35 per share), while EPS remained at the same level.
Manufacturer noted growth in all segments, which gave every reason to continue the upward trend, the rate of which is not slowed down to this day. Thus, recently GPU graphics processor was introduced GP 104 with repeatedly increased productivity due to decisions GP 100, and is expected to announce a professional virtual reality for mobile devices. It is noticeable that the company nvidia and AMD are guided by the trend of using virtual reality. Thus, the nvidia produced several software products, including GameWorksVR, and entered into agreements with motherboard manufacturers to start producing systems GeForce GTX Ready. Footwork and fashion trend has significantly raised the value of the shares and is most likely that the upward movement will continue the next six months. The turning point will be the beginning of the open sales of virtual reality technologies that can both sink and be a resounding success.
At the moment, the price reached a level of 36.84 dollars per share. Given the fundamentals, it is expected to break through the resistance 38.50 within the next few weeks, and a further increase to 39.00. Following the trend, starting to buy shares at $ 37.00 with an indicative yield of the market at a value of $ 39.50.
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