Nvidia is now widely watched on Wall Street, for good reason.
When NVDA released its quarterly earnings this past November, its earnings per share (EPS) were 18.34% higher than analysts' forecasts. The company also increased its quarterly dividend by 22% to $0.14 per share. Investors rushed to buy into the tech company – sending its stock price up more than 25% in just one day, from $67 to over $87.
This staggering share-price growth is not over. We have a chance to make money on this stock again before the next round of earnings and ahead of the herd.
Money Morning Quantitative Analysis Specialist Chris Johnson – basically a "rocket scientist" of investing – says NVDA stock offers a great trading opportunity right now. He has developed the perfect strategy to play it today.
You see, Chris has spent much of his 23-year market career applying statistics to Wall Street's data-rich environment. He's crunched the numbers and knows exactly when and how to get into a stock like this one.
Chris shared with us his "secret" to buying NVDA at the best price now to ride the stock's next "slingshot" higher. You can get it right here in this exclusive trading insight from Chris…
Meet Chris Johnson, Quantitative Analysis Specialist: Chris Johnson is a highly regarded equity and options analyst who has spent much of his 23-year market career designing and interpreting complex models to help investment firms transform millions of data points into impressive gains for clients.
At heart, Chris is a quantitative analyst, or quant (like a "rocket scientist" of investing), with a specialty in applying advanced mathematics like stochastic calculus, linear algebra, differential equations, and statistics to Wall Street's data-rich environment.
He began building his proprietary models in 1998, analyzing about 2,000 records per day. Today, that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It's the secret behind his track record.
Chris holds degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before taking on the role of Director of Quantitative Analysis at a big-name equity and options research firm for eight years. He recently served as Director of Research of a Cleveland-based investment firm responsible for hundreds of millions in assets under management. He is also the founder/CIO of ETF Advisory Research Partners since 2007, noted for its groundbreaking work in behavioral valuation systems. Its research is widely read by leaders among Registered Investment Advisors.
Today, Chris is ranked in the top 99.3% of financial bloggers and top 98.6% of overall experts by TipRanks, the track record registry of financial analysts dating back to January 2009.
He is a frequent commentator on financial markets for CNBC, FOX, Bloomberg TV, and CBS Radio and has been featured in Barron's, USA Today, Newsweek, and The Wall Street Journal, along with numerous books.