Micron Technology | Global Leaders in Semiconductors
Q1 analysis: NVIDIA
NVIDIA, a purveyor of high-performance graphics and video processing chips, occupies a prominent niche in the market. It mainly caters to desktop and gaming personal computers, workstations, sophisticated computing servers, and AI platforms. Notably, NVIDIA emerges as the standout performer among the entities listed herein for the fiscal year 2024
It boasted a remarkable 12-month appreciation of 227.4%, thereby clinching the title of the second-best performer within the S&P 500 index, trailing only Super Micro Computer Inc. (SMCI).
NVIDIA's forward-looking agenda, shown by the introduction of its cutting-edge Blackveil Chip and substantial investments in cloud infrastructure, suggests that the stock's price trajectory still harbors significant upside potential. Investors with a discerning eye on AI technology are well-advised to consider Nvidia a cornerstone investment, albeit dividend investors remain attuned to the performance of its key suppliers in navigating the prevailing market dynamics.
Market Info as of 16/04/2024
Market Cap: 2.15 trillion USD
Current Stock Price: $860.01
52-week range: $974 (high) & $262.25 (low)
Earnings Per Share: $4.91 for the January 2024 fiscal quarter end
Dividend Yield: 0.019%
Q1 2024 Analysis: Apple Inc.
Apple, a stalwart of consumer electronics, has a diverse product portfolio spanning the iPhone, iPad, Apple Watch, Mac computers, and an array of personal computing devices. Additionally, its services segment includes the App Store, Apple Music, iCloud, and licensing ventures. It goes without saying that Apple's ascendancy is underpinned by a formidable ecosystem.
They’re credited with robust profitability metrics, unwavering customer loyalty, and an expanding global market footprint. These factors have always been the tell-tale signs for stakeholders that Apple warrants a premium valuation, that is resilient to free cash flow, aggressive capital allocation strategy, and leadership cohort. In a nutshell, I anticipate an uptick in the average selling prices of Apple's devices, further augmenting its revenue streams.
Market Info as of 16/04/2024
Market Cap: 2.67 trillion USD
Current Stock Price: $172.69
52-week range: $199.62 (high) & $162.80 (low)
Earnings Per Share: $2.18 for the 2024 fiscal year
Dividend Yield: 0.56%
Q1 2024 Analysis: Amazon
While revenue expansion may captivate investors' attention momentarily, the ultimate litmus test lies in profitability metrics. However, profitability is contingent upon a critical determinant: gross margin. Gross profit delineates the residual sum post-deduction of the costs of goods sold, thereby constituting the upper threshold of potential profitability.
Historically, e-commerce enterprises have grappled with narrow margins, owing to their operational paradigm. Nevertheless, Amazon has navigated this terrain by diversifying its revenue streams, with its service-centric divisions eclipsing the revenue generated by its core retail operations.
Amazon's current valuation, despite its recent surge, remains below the levels witnessed during the 2018-2022 timeframe, serving as a salient indicator for prospective investors. This trend underscores the potential for Amazon to attain loftier valuations without being deemed overvalued vis-à-vis historical benchmarks.
Market Info as of 16/04/2024
Market Cap: 1.91 trillion USD
Current Stock Price: $183.62
52-week range: $189.77 (high) & $101.15 (low)
Earnings Per Share: $1.01 for the December 2023 fiscal quarter end
Dividend Yield: NA
Q1 2024 Analysis: Microsoft
Microsoft, as you may know, is a titan globally known for its flagship offerings including Windows, Office, and Azure cloud services. In recent days, AI has been the primary driver of MSFT’s market interests. When you throw the partnership with Open AI and several AI apps in the pipeline into the mix, Microsoft may look like a strong buy, but there is more to the story.
It hasn’t been all smooth sailing for Microsoft lately. Microsoft is seemingly trying hard to get Bing and Copilot off the ground. With seemingly better options on the market, generating interest through Copilot Super Bowl Ad may have turned a few eyes away. Not to mention, the enterprise version of Copilot costs $30, which has garnered some downvotes from users. All in all, even with the latest deal with Activision complete, MSFT is preferably a hold rather than a buy or sell.
Market Info as of 16/04/2024
Market Cap: 3.07 trillion USD
Current Stock Price: $413.64
52-week range: $430.82 (high) & 275.37 (low)
Earnings Per Share: $5.92 for the 2024 fiscal year
Dividend Yield: 0.73%
Q1 2024 Analysis: Meta Platforms Inc.
Optimism concerning Meta's commercial trajectory and stock valuation for the present fiscal cycle is unmoved. Foreseeing a surge in annual earnings per share to $19.92 from $14.51 recorded in the previous year has certainly raised some eyebrows. Moreover, analysts suggest a staggering revenue influx of $158.2 billion for the fiscal year 2024, signifying a remarkable annual growth rate of 17.3% for Meta.
According to experts, if they are better at reaping from the AI sector compared to its counterparts, it may prove challenging for smaller social media rivals to match Meta's exponential growth trajectory. For now, Meta continues to innovate by introducing novel products and services catering to users, content creators, and advertisers.
But what do the numbers say? Well, Meta's bullish performance in recent times is anticipated to sustain momentum. Although its adept utilization of AI technology perpetuates positive investor engagement, the onus lies on the company to demonstrate progress.
Market Info as of 16/04/2024
Market Cap: 1.28 trillion USD
Current Stock Price: $500.23
52-week range: $531.49 (high) & $207.13 (low)
Earnings Per Share: $14.87 for the 2023 fiscal year
Dividend Yield: 0.40%
Q1 2024 Analysis: Tesla
The trajectory of Tesla's TSLA stock has recently encountered turbulence. This has eventually brought the company's capacity to sustain sales growth under question. As a high-growth entity, Tesla is acutely susceptible to fluctuations in growth projections, which can exert a disproportionate impact on its market valuation.
Thus far in the current year, Tesla's stock price has undergone a notable decline of 30.4%, following a staggering 102% surge recorded in 2023. With shares trading at approximately $174 each, the downturn has left the automaker valued at roughly two-thirds of its peak valuation reached in December 2023, when shares were trading at around $258 apiece.
Projections indicate that Tesla's vehicle deliveries are to remain relatively stagnant in 2024 compared to the preceding year's figure of 1.8 million units. Anticipated reductions in average selling prices, particularly in pivotal markets such as China, are expected to exert downward pressure on automotive gross margins, with projections pegging it at 18% for the fiscal year 2024, in line with the results of the preceding year.
Market Info as of 16/04/2024
Market Cap: 505.99 billion USD
Current Stock Price: $161.48
52-week range: $299.29 (high) & $152.37 (low)
Earnings Per Share: $0.57 for the December 2023 fiscal quarter end
Dividend Yield: NA
Shovel Investing Could Be Your Thing!
Micron Technology | Global Leaders in Semiconductors
Q1 analysis: NVIDIA
NVIDIA, a purveyor of high-performance graphics and video processing chips, occupies a prominent niche in the market. It mainly caters to desktop and gaming personal computers, workstations, sophisticated computing servers, and AI platforms. Notably, NVIDIA emerges as the standout performer among the entities listed herein for the fiscal year 2024
It boasted a remarkable 12-month appreciation of 227.4%, thereby clinching the title of the second-best performer within the S&P 500 index, trailing only Super Micro Computer Inc. (SMCI).
NVIDIA's forward-looking agenda, shown by the introduction of its cutting-edge Blackveil Chip and substantial investments in cloud infrastructure, suggests that the stock's price trajectory still harbors significant upside potential. Investors with a discerning eye on AI technology are well-advised to consider Nvidia a cornerstone investment, albeit dividend investors remain attuned to the performance of its key suppliers in navigating the prevailing market dynamics.
Market Info as of 16/04/2024
Market Cap: 2.15 trillion USD
Current Stock Price: $860.01
52-week range: $974 (high) & $262.25 (low)
Earnings Per Share: $4.91 for the January 2024 fiscal quarter end
Dividend Yield: 0.019%
Q1 2024 Analysis: Apple Inc.
Apple, a stalwart of consumer electronics, has a diverse product portfolio spanning the iPhone, iPad, Apple Watch, Mac computers, and an array of personal computing devices. Additionally, its services segment includes the App Store, Apple Music, iCloud, and licensing ventures. It goes without saying that Apple's ascendancy is underpinned by a formidable ecosystem.
They’re credited with robust profitability metrics, unwavering customer loyalty, and an expanding global market footprint. These factors have always been the tell-tale signs for stakeholders that Apple warrants a premium valuation, that is resilient to free cash flow, aggressive capital allocation strategy, and leadership cohort. In a nutshell, I anticipate an uptick in the average selling prices of Apple's devices, further augmenting its revenue streams.
Market Info as of 16/04/2024
Market Cap: 2.67 trillion USD
Current Stock Price: $172.69
52-week range: $199.62 (high) & $162.80 (low)
Earnings Per Share: $2.18 for the 2024 fiscal year
Dividend Yield: 0.56%
Q1 2024 Analysis: Amazon
While revenue expansion may captivate investors' attention momentarily, the ultimate litmus test lies in profitability metrics. However, profitability is contingent upon a critical determinant: gross margin. Gross profit delineates the residual sum post-deduction of the costs of goods sold, thereby constituting the upper threshold of potential profitability.
Historically, e-commerce enterprises have grappled with narrow margins, owing to their operational paradigm. Nevertheless, Amazon has navigated this terrain by diversifying its revenue streams, with its service-centric divisions eclipsing the revenue generated by its core retail operations.
Amazon's current valuation, despite its recent surge, remains below the levels witnessed during the 2018-2022 timeframe, serving as a salient indicator for prospective investors. This trend underscores the potential for Amazon to attain loftier valuations without being deemed overvalued vis-à-vis historical benchmarks.
Market Info as of 16/04/2024
Market Cap: 1.91 trillion USD
Current Stock Price: $183.62
52-week range: $189.77 (high) & $101.15 (low)
Earnings Per Share: $1.01 for the December 2023 fiscal quarter end
Dividend Yield: NA
Q1 2024 Analysis: Microsoft
Microsoft, as you may know, is a titan globally known for its flagship offerings including Windows, Office, and Azure cloud services. In recent days, AI has been the primary driver of MSFT’s market interests. When you throw the partnership with Open AI and several AI apps in the pipeline into the mix, Microsoft may look like a strong buy, but there is more to the story.
It hasn’t been all smooth sailing for Microsoft lately. Microsoft is seemingly trying hard to get Bing and Copilot off the ground. With seemingly better options on the market, generating interest through Copilot Super Bowl Ad may have turned a few eyes away. Not to mention, the enterprise version of Copilot costs $30, which has garnered some downvotes from users. All in all, even with the latest deal with Activision complete, MSFT is preferably a hold rather than a buy or sell.
Market Info as of 16/04/2024
Market Cap: 3.07 trillion USD
Current Stock Price: $413.64
52-week range: $430.82 (high) & 275.37 (low)
Earnings Per Share: $5.92 for the 2024 fiscal year
Dividend Yield: 0.73%
Q1 2024 Analysis: Meta Platforms Inc.
Optimism concerning Meta's commercial trajectory and stock valuation for the present fiscal cycle is unmoved. Foreseeing a surge in annual earnings per share to $19.92 from $14.51 recorded in the previous year has certainly raised some eyebrows. Moreover, analysts suggest a staggering revenue influx of $158.2 billion for the fiscal year 2024, signifying a remarkable annual growth rate of 17.3% for Meta.
According to experts, if they are better at reaping from the AI sector compared to its counterparts, it may prove challenging for smaller social media rivals to match Meta's exponential growth trajectory. For now, Meta continues to innovate by introducing novel products and services catering to users, content creators, and advertisers.
But what do the numbers say? Well, Meta's bullish performance in recent times is anticipated to sustain momentum. Although its adept utilization of AI technology perpetuates positive investor engagement, the onus lies on the company to demonstrate progress.
Market Info as of 16/04/2024
Market Cap: 1.28 trillion USD
Current Stock Price: $500.23
52-week range: $531.49 (high) & $207.13 (low)
Earnings Per Share: $14.87 for the 2023 fiscal year
Dividend Yield: 0.40%
Q1 2024 Analysis: Tesla
The trajectory of Tesla's TSLA stock has recently encountered turbulence. This has eventually brought the company's capacity to sustain sales growth under question. As a high-growth entity, Tesla is acutely susceptible to fluctuations in growth projections, which can exert a disproportionate impact on its market valuation.
Thus far in the current year, Tesla's stock price has undergone a notable decline of 30.4%, following a staggering 102% surge recorded in 2023. With shares trading at approximately $174 each, the downturn has left the automaker valued at roughly two-thirds of its peak valuation reached in December 2023, when shares were trading at around $258 apiece.
Projections indicate that Tesla's vehicle deliveries are to remain relatively stagnant in 2024 compared to the preceding year's figure of 1.8 million units. Anticipated reductions in average selling prices, particularly in pivotal markets such as China, are expected to exert downward pressure on automotive gross margins, with projections pegging it at 18% for the fiscal year 2024, in line with the results of the preceding year.
Market Info as of 16/04/2024
Market Cap: 505.99 billion USD
Current Stock Price: $161.48
52-week range: $299.29 (high) & $152.37 (low)
Earnings Per Share: $0.57 for the December 2023 fiscal quarter end
Dividend Yield: NA
Shovel Investing Could Be Your Thing!
Micron Technology | Global Leaders in Semiconductors