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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

9/15/17

The chips keep rolling. Nvidia (NVDA) is up 5% today and up 70% year to date, but the analyst at Evercore ISI says the price could soar by more than 40% from current levels because investors appear to "severely" undervalue the potential market for artificial intelligence. The Evercore analyst C.J. Muse boosted his price target to $250. His target is 25% above the second-highest target of the 36 analysts that cover Nvidia.

Oracle's (ORCL) cloud computing is a little clouded. The data based software stock is down 7% following better than expected earnings. The downside came from disappointing guidance for their bread and butter cloud computing division. Good news is the stock is still way up for the year.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.