Does Nvidia (NVDA) Deserve The Hype? Earnings Preview
Nvidia’s (NVDA) earnings are to be released on August 23rd. Its adjusted EPS is estimated at $2.06 and its revenue is estimated at $11.02B. Alex Coffey and Jenny Horne discuss NVDA as Piper Sandler and Morgan Stanley recently raised their price targets on the stock. The mean price target for analysts covering NVDA is $501. Ale then demonstrates an example trade using NVDA. The trade type is a skewed put butterfly and the direction is neutral to bullish. Tune in to find out more about the stock market today.
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