Goldman Sachs: Hedge funds hate these 10 stocks — including Nvidia, Walmart [CNBC]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: CNBC
Tyrone Siu | Reuters Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. One of the main ways hedge funds make money is betting against companies they believe are overvalued, so investors should be wary of stocks with high levels of so-called short interest. Goldman Sachs listed which stocks professional managers are short selling the most in its latest Hedge Fund Trend Monitor report by Ben Snider on Friday. The firm's very important short positions basket consists of 50 S&P 500 stocks with the highest total dollar value of short interest outstanding. show chapters Shorting is a trading strategy that involves selling borrowed shares with a view that the stock will drop in value and the shares can be bought back later and returned for a profit. Goldman's very important short positions list is up 0.7 percent this year through May 16,
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News
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- NVIDIA Co. (NASDAQ: NVDA) had its price target raised by analysts at HSBC Holdings plc from $1,050.00 to $1,350.00. They now have a "buy" rating on the stock.MarketBeat
NVDA
Earnings
- 2/21/24 - Beat
NVDA
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form 4
- 4/3/24 - Form 4
- NVDA's page on the SEC website