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NVIDIA (NVDA) Is Today's Momo Momentum Stock

Trade-Ideas LLC identified NVIDIA ( NVDA) as a momo momentum candidate. In addition to specific proprietary factors, Trade-Ideas identified NVIDIA as such a stock due to the following factors:

  • NVDA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $564.9 million.
  • NVDA has a PE ratio of 42.
  • NVDA is currently in the upper 30% of its 1-year range.
  • NVDA is in the upper 25% of its 20-day range.
  • NVDA is...