7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

By clicking the link above you will automatically opt-in to receive emails from FinStrategist

NVDA
NVIDIA Corporation
NASDAQ
126.7
Open 127.12 Prev Close 126.57
High 130.63 Low 124.30
Volume 517,768,425 Volume (Avg) 77,098,334
52 Week High 614.90 52 Week Low 198.31
Market Cap 320.9B PE Ratio 7.31

Shares Stats

Shares Outstanding619,000,000
Shares Float594,592,400
Shares Short5,676,397
Insider Holdings418%
Institution Holdings68.43%

About NVIDIA Corporation

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, Graphics and Compute & Networking. The 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 design; GRID software for cloud-based visual and virtual computing; and automotive platforms for infotainment systems. The Compute & Networking segment offers 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; and Jetson for robotics and other embedded platforms. The company's products are used in gaming, professional visualization, datacenter, and automotive markets. NVIDIA Corporation sells its products to original equipment manufacturers, original device manufacturers, system builders, add-in board manufacturers, retailers/distributors, Internet and cloud service providers, automotive manufacturers and tier-1 automotive suppliers, mapping companies, start-ups, and other ecosystem participants. NVIDIA Corporation was founded in 1993 and is headquartered in Santa Clara, California.

General

NameNVIDIA Corporation
TickerNVDA
ExchangeNASDAQ
SectorTechnology
IndustrySemiconductors
CurrencyUSD
CountryUSA
Fiscal Year EndJanuary
Full Time Employees18,975

Highlights

Analyst Target629.87
Market Cap320,881,000,448
PE Ratio7.31
PEG Ratio3.34
EBITDA5,818,999,808

Financials

Curr Year EPS Estimate9.73
Profit Margin0.26
Return on Assets0.13
Return on Equity0.30
Revenue16,675,000,320
Earnings Per Share6.90
Revenue Per Share27.03
Gross Profit10,557,000,000
Quarterly Revenue Growth0.61

Valuation

Trailing PE75.01
Forward PE39.06
Price/Sales (Trailing 12 Mt.)19.57
Price/Book (Most Recent Quarter)19.08

Dividend

NVIDIA Corporation pays out a dividend of $0.64 per share, with a dividend yield of 0.02%.

NVDA's last dividend payment was made to shareholders on March 31, 2021.

They pay out 6.41% of their earnings out as a dividend.

Recent Dividends

Jun 28, 2024$0.01
Jun 4, 2024$0.04
Mar 27, 2024$0.04
Dec 28, 2023$0.04
Sep 28, 2023$0.04
Jun 30, 2023$0.04
Mar 29, 2023$0.04
Dec 22, 2022$0.04
Most Popular
8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

Top 2 Utilities Stocks That May Rocket Higher In June

Top 2 Utilities Stocks That May Rocket Higher In June

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Expert: The Most Important Message You'll See in 2024 - Ad

In short, America is being invaded...The invasion spreading across America is coming from the ports, highways, and railroads. AND it's being invited in by the White House. Many will be blindsided, but if you prepare today, you could come out far ahead.

Will Your iPhone Support New Apple Intelligence Features? Here's What You Need To Know

Will Your iPhone Support New Apple Intelligence Features? Here's What You Need To Know

Apple has announced a suite of AI-powered features for iPhones, calling it Apple Intelligence. However, these features will be limited to select iPhones.

Trump's Niece Says Insane To Pardon 'Convicted Criminal Who's Trying To Destroy America': 'Absolutely Terrible Idea'

Trump's Niece Says Insane To Pardon 'Convicted Criminal Who's Trying To Destroy America': 'Absolutely Terrible Idea'

Donald Trump's niece Mary Trump recently slammed the idea of pardoning the ex-president after he was found guilty in the first of his four criminal trials.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Tesla Tequila Is Back: Here's How Much Latest Collectible Will Cost You

Tesla Tequila Is Back: Here's How Much Latest Collectible Will Cost You

Tesla has reintroduced tequila in collectible lightning-shaped bottles. Here's how you can get one and how much it will cost you.

Dogecoin Trader Who Made $250K Spends It All On Donations, Drugs, Concerts, Tattoos...And Takes Her Last $4K To Buy More

Dogecoin Trader Who Made $250K Spends It All On Donations, Drugs, Concerts, Tattoos...And Takes Her Last $4K To Buy More

A pseudonymous cryptocurrency trader shared a cautionary tale about the dangers of sudden wealth from cryptocurrency and meme coin trading.

Elon Musk's Chilling Warning for Humanity - Ad

Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.

Martha's Vineyard is about to run out of pot. That's led to a lawsuit and a scramble by regulators

Martha's Vineyard is about to run out of pot. That's led to a lawsuit and a scramble by regulators

VINEYARD HAVEN, Mass. (AP) — An 81-year-old woman on Martha's Vineyard drove up to the Island Time dispensary last week seeking her usual order of pot. But owner Geoff Rose had to tell her the cupboard was bare — he'd been forced to temporarily close three weeks earlier after selling every last bud and gummy.

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Crypto researcher TradeTheFlow challenged the prevailing notion that summer is a dull period for cryptocurrency markets, particularly Bitcoin (CRYPTO:

Breaking News: Elon Musk Invents New Type of A.I. - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with this new type of A.I.... Mining new millionaires in the process.

NIO Plans Organizational Changes At Onvo Sub-brand: What's Going On?

NIO Plans Organizational Changes At Onvo Sub-brand: What's Going On?

NIO reportedly unveils organizational restructuring, including the rebranding of strategic units, under its Onvo sub-brand, aiming for business and organizational advancement.

Boil-water advisory lifted in Atlanta after water system problems

Boil-water advisory lifted in Atlanta after water system problems

ATLANTA (AP) — Residents in Atlanta no longer must boil water before drinking it, officials said Thursday, six days after a west of downtown affected service and spurred the advisory.

MAJOR BUY SIGNAL: Move Fast, Washington/Pelosi/Mill... - Ad

His system has found stocks that soared 1,174%, 2,123%, and 11,422%. But one investment he just uncovered in Washington D.C. could be his biggest discovery yet. It involves President Biden, Nancy Pelosi, trillions of dollars -- and the biggest economic shift since 1958.

Tesla, Elon Musk Slam Lawyers Demanding $5.2B For Voiding His 2018 Pay Package: 'They Deserve To Repay Tesla Legals Costs And Get Nothing!'

Tesla, Elon Musk Slam Lawyers Demanding $5.2B For Voiding His 2018 Pay Package: 'They Deserve To Repay Tesla Legals Costs And Get Nothing!'

Elon Musk criticized lawyers demanding $5.2B in Tesla stock as legal fees for contesting his 2018 pay package, saying they should repay legal costs.

What the new 'buy now, pay later' rule means for small businesses offering the service

What the new 'buy now, pay later' rule means for small businesses offering the service

NEW YORK (AP) — “Buy now, pay later” services are a popular way that shoppers pay for goods.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

UAW President Shawn Fain Under Federal Scrutiny For Alleged Retaliation Against Union Leaders, Monitor's Probe Widens

UAW President Shawn Fain Under Federal Scrutiny For Alleged Retaliation Against Union Leaders, Monitor's Probe Widens

Shawn Fain, the president of the United Auto Workers, is under investigation by an independent federal monitor for alleged retaliation against other union leaders.

Benzinga Bulls And Bears: GameStop, Nvidia, Tesla, Amazon And Dogecoin Trader Predicts 'Breakout To Occur Any Day'

Benzinga Bulls And Bears: GameStop, Nvidia, Tesla, Amazon And Dogecoin Trader Predicts 'Breakout To Occur Any Day'

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spat

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spat

BRUSSELS (AP) — The European Union threatened Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries is hurting domestic automakers.

Denmark recalls 3 spicy instant noodle soup brands from South Korea used in online food challenges

Denmark recalls 3 spicy instant noodle soup brands from South Korea used in online food challenges

COPENHAGEN, Denmark (AP) — Food authorities in Denmark have recalled three types of spicy instant noodle products imported from South Korea over possible risks for “acute poisoning.” Consumers are asked to discard them or return the noodles to the retailer.

After Conviction, There Could Be More Bad News for Trump - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

Wall Street Holds Breath After Record Close For Fed Decision, CPI Data: Why This Analyst Sees Positive Inflation Trends Ahead

Wall Street Holds Breath After Record Close For Fed Decision, CPI Data: Why This Analyst Sees Positive Inflation Trends Ahead

U.S. stock futures point to a weak start on Tuesday, signaling a pause after Monday’s record run. Global cues are negative and commodity prices weakened as well.

Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

SAN FRANCISCO (AP) — A panel of federal judges spent two hours on Tuesday wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom.

America's No. 1 AI Dividend Stock Revealed - Ad

Marc Lichtenfeld has just gone public with his No. 1 AI dividend stock. in his new "AI Income Playbook", you'll discover why this firm has become Marc Lichtenfeld's "No. 1 AI dividend stock"... Including its name, ticker symbol, and a full breakdown of its AI profit potential.

Michigan couple, attorney announced as winners of $842.4 million Powerball jackpot

Michigan couple, attorney announced as winners of $842.4 million Powerball jackpot

GRAND BLANC TOWNSHIP, Mich. (AP) — A mid-Michigan couple and a lawyer from the west side of the state were announced Tuesday as winners of an $842.4 million Powerball lottery jackpot from a ticket purchased on New Year's Day.

Community health centers' new crisis: The need for backup power

Community health centers' new crisis: The need for backup power

HEALDSBURG, Calif. (AP) — The 2017 , which killed 22 people and destroyed 5,600 buildings, was already a stressful time at Alliance Medical Center’s clinic here, as workers who picked grapes in the nearby vineyards streamed into the nonprofit community health center with burns, symptoms of smoke inhalation, and other crises.

This Election Shocker Could Be Worse Than Trump's Conviction - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

US Ally Slams China's Claims Of Vessel Collision As 'Deceptive And Misleading' Amid Rising South China Sea Tensions

US Ally Slams China's Claims Of Vessel Collision As 'Deceptive And Misleading' Amid Rising South China Sea Tensions

They declined to share operational details and criticized China for its "illegal" presence within the Philippine exclusive economic zone.

Roku Eyes Enhanced Advertising Tech - Inks Pact With Fandango To Boost Ad Campaign Analytics

Roku Eyes Enhanced Advertising Tech - Inks Pact With Fandango To Boost Ad Campaign Analytics

Roku reported Fandango partnership; aims to optimize ad spend and boost ticket sales via enhanced insights and advertising technology.

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

Visa's Mark Nelsen wants to make your plastic credit card obsolete

Visa's Mark Nelsen wants to make your plastic credit card obsolete

Mark Nelsen, Visa’s global head of consumer payments, sees a world where the plastic card in your wallet becomes increasingly obsolete and the standard 16-digit account number becomes worthless.

GM board approves another $6 billion share repurchase as the automaker gains momentum

GM board approves another $6 billion share repurchase as the automaker gains momentum

WASHINGTON (AP) — General Motors approved another $6 billion share repurchase as the Detroit automaker continues to build momentum in 2024.

Elon's New A.I. Device is About to Shock the World - Ad

Using this device you see... Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in... "The next step in human evolution."

Fresh EU Tariffs Could Slow Down Tesla Chinese Rivals, But Warren Buffett-Backed BYD 'Can Profitably Export Even At A 35% Tariff,' Says Expert

Fresh EU Tariffs Could Slow Down Tesla Chinese Rivals, But Warren Buffett-Backed BYD 'Can Profitably Export Even At A 35% Tariff,' Says Expert

The European Union has introduced new tariffs on electric vehicles manufactured in China, a move that could pose challenges for Chinese automakers. However, companies like BYD are expected to remain competitive.

Germany hosts recovery conference for Ukraine before a peace summit in Switzerland

Germany hosts recovery conference for Ukraine before a peace summit in Switzerland

BERLIN (AP) — Germany is hosting a conference on Tuesday to gather support for Ukraine's recovery from the , sending a new signal of solidarity with Kyiv at the start of a week of intense diplomacy.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

General Motors Reveals $6B Stock Buyback - What's Going On?

General Motors Reveals $6B Stock Buyback - What's Going On?

General Motors announces a $6 billion share repurchase plan, aiming to boost shareholder value amidst positive financial performance.

Most Recent

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service