Tag Archives: NOV

Hot Bank Stocks To Invest In 2023

Avis Budget  (CAR)  shares jumped Thursday, after Bank of America upgraded the car rental stalwart to buy from neutral.

“Many of the macro factors driving ‘over-earning’ by the company in 2021 will likely persist well into 2022,” BofA analysts wrote in a commentary.

That includes “limited incoming vehicle supply and tight average fleet, elevated revenue per day from the ongoing supply/demand imbalance and moderated per unit fleet cost from elevated used vehicle pricing.”

So: “Combined with ongoing execution by Avis,....More>>>

Top 10 Energy Stocks To Invest In Right Now

A steep slowdown in demand from cryptocurrency miners is tempering enthusiasm for what in many ways is a strong Nvidia (NVDA)  earnings report.

After the bell on Thursday, Nvidia reported April quarter (fiscal first quarter) revenue of $3.21 billion (up 66% annually) and GAAP EPS of $1.98, handily beating consensus analyst estimates of $2.89 billion and $1.46. All five of Nvidia’s reported market segments — Gaming, Datacenter, Automotive, Professional Visualization and OEM & IP — beat consensus revenue estimates.

Nvidia also guided for July quarter revenue....More>>>