Top Stock Picks for the Week of November 12th
NVIDIA Corporation NVDA, is the worldwide leader in graphics processors and media communications devices. The company is benefitting from growing e-sports & migration to cloud, which are driving demand for its GPUs in the gaming & datacenter markets. NVIDIA benefits further from the continuous launch of new products and is also gaining from strategic partnerships. It has a positive record of earnings surprises in recent quarters.
Fossil Group, Inc. FOSL, is involved in designing, marketing and distribution of consumer fashion accessories. The Company recently released third-quarter 2018 results, wherein the bottom line improved significantly from the year-ago period and also marked its sixth consecutive beat. Fossil has comfortably outpaced the industry in the past six months driven by robust efforts to expand in the fast-growing wearables category. Fossil’s connected watch sales surged by double digits year over year in the second quarter of 2018. Strength in this arena also contributed to the company’s e-commerce growth. Many other positives on this company.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
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Fossil Group, Inc. (FOSL) : Free Stock Analysis Report
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