Nvidia Corp.’s (NVDA) stock had a significant rebound over the past year, rising by approximately 70% in comparison to the S&P 500’s gain of about 22.9%. Nvidia is known for its innovation in artificial intelligence breakthroughs, gaming, and the datacenter. Its leadership in these vital areas has helped to make the stock a darling among investors in recent years and has resulted in the shares soaring. Now, investors eagerly await the company’s fiscal fourth quarter results on February 13, 2020.
The Walt Disney Co.’s (DIS) stock is off to a strong start in 2020, after a less than inspiring performance in the third quarter of 2019. Over the past year, Disney has consistently outperformed the S&P 500, as investors focused on Disney’s new streaming media product, Disney+.
Salesforce.com Inc.’s (CRM) stock had a strong finish to 2019, and it has continued into 2020. The shares have steadily outperformed the S&P 500 over the past two months, rising by approximately 28% in comparison to the S&P 500’s gain of about 10%.
Taiwan Semiconductor Manufacturing Co. Ltd.’s (TSM) stock has outperformed the S&P 500 by a wide margin over the past year Taiwan Semi has risen by approximately 63% during this period, an impressive gain when compared to the S&P 500’s increase of around 27%.
The shares of Crowd Strike Holdings, Inc. (CRWD) have plunged by more than 42% from the highs that followed their initial public offering [IPO] in June. However, the steep decline in the stock has caught the attention of the investing firm Point72 Asset Management, L.P., which is run by Steven A. Cohen, the famous hedge fund manager. According to an SEC filing on January 8, Point72 substantiality increased its stake in the equity, bringing its total ownership to over 5%.