NVIDIA upgraded at Needham As noted earlier, Needham upgraded NVIDIA to Buy from Hold. The firm believes that the change in the company's strategy has reduced its earnings volatility and raised its margins, while the stock's decline has created a good entry point. The firm also notes that the company reported better than expected results and provided stronger than expected guidance. Target $23.
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.