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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 miningandmetalmovers.com, will continue to monitor these technology companies to see if the momentum continues. MiningAndMetalMovers.com is also looking into these tickers AVY, CMC, MERC, LIN and more..
Recent NVDA Stock Price: $379.80
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.
Ross Seymore analyst at Deutsche Bank reiterates coverage on Nvidia (NVDA) in the energy sector with a Hold rating and has set NVDA's stock price target at $ 390.
TipRanks.com reports that Nvidia currently has 33 analysts offering 12-month price targets on NVDA and the consensus is a Strong Buy rating with an average stock price target of $313.59. The most recent NVDA stock price we have is $379.80 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 Neutral short-term outlook. Remember, securities are volatile, so please do your own research on NVDA. miningandmetalmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on NVDA, please click here >>
Snowflake, SNOW
Recent SNOW Stock Price: $147.91
Summary: Snowflake Inc. provides software solutions. The Company develops database architecture, data warehouses, query optimization and parallelization solutions. Snowflake Inc. is based in CA, United States.
Ittai Kidron analyst at Oppenheimer reiterates coverage on Snowflake (SNOW) in the energy sector with a Buy rating and has set SNOW's stock price target at $ 190.
TipRanks.com reports that Snowflake currently has 25 analysts offering 12-month price targets on SNOW and the consensus is a Moderate Buy rating with an average stock price target of $189.95. The most recent SNOW stock price we have is $147.91 and we are not making any SNOW forecasts at this time.
In addition, TradingView issued a Strong Sell rating for SNOW over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SNOW. miningandmetalmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on SNOW, please click here >>
Splunk, SPLK
Recent SPLK Stock Price: $95.70
Summary: Splunk Inc. provides software solutions that enable enterprises to gain real-time operational intelligence by harnessing the value of their data. The company's offerings enable users to investigate, monitor, analyze and act on machine data and big data, irrespective of format or source, and helps in operational decision making. The company's flagship offering, Splunk Enterprise, is primarily a machine data platform. It can collect and index petabytes of machine data on a daily basis. Splunk Enterprise also enables users to interactively explore, analyze and visualize data stored in sources such as Hadoop and Amazon S3.Splunk Cloud delivers the benefits of Splunk Enterprise deployed and managed reliably and scalably as a service. Splunk Light provides log search and analysis, which are designed, priced and packaged for small IT environments. The company's premium solutions include Splunk Enterprise Security, Splunk IT Service Intelligence and Splunk User Behavior Analytics.
Rob Owens analyst at Piper Sandler reiterates coverage on Splunk (SPLK) in the energy sector with a Buy rating and has set SPLK's stock price target at $ 123.
TipRanks.com reports that Splunk currently has 28 analysts offering 12-month price targets on SPLK and the consensus is a Moderate Buy rating with an average stock price target of $119.63. The most recent SPLK stock price we have is $95.70 and we are not making any SPLK forecasts at this time.
In addition, TradingView issued a Buy rating for SPLK 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 SPLK. miningandmetalmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on SPLK, please click here >>
The editors at miningandmetalmovers.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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