By admin Jun, 30, 2021 Stock Market

We have a list of a few stocks that we are keeping our eyes on, for now, these are stocks that we think will go up in prices in the near future. Stock that we like and think are ready for a breakout. 

In most cases, these stocks do well but in some cases, they take a while to show value for investors.  Our goal here is to report about companies that are expected to outperform and sometimes we pick stock winners. We like to focus on value stocks or companies that have a lot to offer and are still very young.

NVDIA (NVDA)

We like this chip company and the upcoming stock split is another reason why we like the company. They are making money and they have a great plan for the future.  This is what Nvidia's CEO said about the feature of the company.  Also, the company will be allowed to acquire Arm for $40 billion. Arm is a world premier computing company.

According to what we found on Nvidia.com, this is why they are acquiring Arm computing company.

• Unites NVIDIA’s leadership in artificial intelligence with Arm’s vast computing ecosystem to drive innovation for all customers
• NVIDIA will expand Arm’s R&D presence in Cambridge, UK, by establishing a world-class AI research and education center, and building an Arm/NVIDIA-powered AI supercomputer for groundbreaking research
• NVIDIA will continue Arm’s open-licensing model and customer neutrality and expand Arm’s IP licensing portfolio with NVIDIA technology
• Immediately accretive to NVIDIA’s non-GAAP gross margin and EPS
• Consideration of $40 billion to be met through a combination of NVIDIA shares and cash

This deal is expected to make Nvidia a major player in the cellphone and computing world and be dominant in the GPU market.

Wendy’s

We are also watching Wendy’s, the stock hasn’t been performing well recently but it remains promising, we like their food, and they are getting good spending customers.

Wendy’s share is selling for $23.29 for now and its 52 weeks high was $29.46 dollars.

These are the two stocks that we are watching closely for now. Oh, also the WBS team is saying something nice about Wendy’s.

Note: Investingport staff that wrote this article owns both Nvidia and Wen, we may sell or buy more as needed. Please do your own due diligence before buying as we are not responsible for any loss or profit that may result from this post and your actions. 

Tags: Investingport stock picks Stock that can outperform

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