Zacks highlights NVIDIA, Microsoft, Micron, SanDisk, Marvell on record profits and insider buying

Industry
โดย Zacks Investment Research·Read original
Summary · why it matters

Zacks Investment Research highlights NVIDIA, Microsoft, Micron, SanDisk, and Marvell, noting that tech stocks are supported by record profits, surging insider buying, and cheap valuations. Over the past six months, tech stock insiders have bought more shares than ever in history. The forward price-to-earnings ratio for the tech sector is below its 10-year average, while NVIDIA's price-to-earnings growth ratio is at decade lows. Micron is expected to generate more profit this year than it did over the previous two decades combined, and SanDisk and Marvell are also reporting record profits.

Impact on stocks 5

Artificial Intelligence · 3 stocks
NVIDIA Corporation
NVDA
▲ PositiveCapitalrelevance

NVIDIA's price-to-earnings growth ratio is at decade lows, suggesting undervaluation.

Microsoft Corporation
MSFT
▲ PositiveCapitalrelevance

Microsoft is highlighted as part of a tech sector with record profits and insider buying, but no specific company news.

Semiconductors · 2 stocks
Micron Technology Inc
MU
▲ PositiveCapitalrelevance

Micron is expected to generate more profit this year than in the previous two decades combined.

Sandisk Corp
SNDK
▲ PositiveCapitalrelevance

SanDisk is mentioned as reporting record profits.