NVIDIA Corp (NVDA)

[Plegee]

Great move today as a result of a new $400 price target. Well deserved after a month of limited traction. Nice fat option premiums, been selling $267.50 putts for last couple weeks. Next earnings report 11/08/18 +/- a day or so.

"After hosting investor meetings with Nvidia management, Evercore ISI analyst C.J. Muse said he believes investors are now more appreciative of Nvidia's opportunity in creating the AI industry standard and the company's "positive feedback loop" within deep learning. Longer-term, he sees tremendous growth opportunities led by the new Turing architecture, which further entrenches Nvidia's high-end gaming moat and presents a "meaningful" opportunity in Inference, Muse tells investors. The analyst, who sees Nvidia being poised to grow EPS at a 30-35% CAGR through 2020 and beyond, raised his price target on the stock to $400 from $300 and keeps an Outperform rating on the shares "