Bull of the Day: Nova (NVMI)
NVMINova .(NVMI) ZACKS·2024-09-09 18:20

I last wrote about Nova ((NVMI) as the Bull of the Day in August of last year when you could still buy shares for $120. I thought investors should buy those levels ahead of NVIDIA ((NVDA) earnings later in the month. I was right, but not without a Sep-Oct market swoon that took NVMI shares back to $90. Since then, Nova rode a wave of semiconductor market success all the way to $247, supported by its doubledigit sales and profit growth. This year's top line consensus calls for 25% growth to $647 million and ...