NVIDIA downgraded at BofA/Merrill As previously reported, BofA/Merrill downgraded NVIDIA to Underperform from Neutral. The firm downgraded shares based on rich valuation and peak margins. Price target is $19.
Several stocks attractive following Intel results, says JMP Securities For investors looking to take advantage of the sentiment shift the Intel (INTC) results could mean for the group and stronger demand due to seasonality and the Windows 10 launch, JMP Securities recommends Nvidia (NVDA) and Micron (MU). The firm says that both stocks have more attractive valuations and "more strategic roadmaps" than Intel. It also recommends Apple (AAPL) and Qualcomm (QCOM) as more attractive and secure dividend growth plays.