Nvidia Q4 Earnings Make Street Cautiously Optimistic

By | February 13, 2014

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Chipmaker Nvidia (NVDA) got an upgrade and other positive notes on the Street Thursday after it beat Q4 estimates, but most remained neutral on the stock. Nvidia stock was up more than 2% in afternoon trading on the stock market today, near 17.20. That’s its highest price since June 2011. Late Wednesday, Nvidia said Q4 sales rose 3% over the year-earlier quarter to $1.14 billion, beating analysts’ consensus of $1.05 billion. The company guided Q1 Scalper1 News

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