Signage with logo at the Silicon Valley headquarters of computer graphics hardware company Nvidia, … [+]
Our semiconductor portfolio of 8 stocks shows an average return of 14% in the last five trading days (till 27th March) compared with a 10% return in the S&P 500 during the same period. This portfolio reflects one set of possible stocks expected to outperform if there’s a reasonably quick Coronavirus recovery.
The top 3 performers within the portfolio in the last 5 trading days were:
- Nvidia (22.8% return)
- Micron Technology (20.4% return)
- Applied Materials (18.6% return)
The top 3 performers on Friday were:
- Nvidia (-1.8% return)
- AMD (-1.9% return)
- Micron Technology (-2.9% return)
Portfolio Summary as of 27th March 2020:
Financial Highlights for Top Performer Nvidia
Nvidia’s market cap has increased by $11.6 billion from about $143.1 billion on 12/31/2019 to $154.7 billion now. The company had $10.9 billion in revenue for FY 2020, from which it derived $2.8 billion in net income and $4.59 in earnings per share.
As a comparison, Micron Technology had $23.4 billion in revenue in 2019, from which it derived $6.4 billion in net income and $5.67 in earnings per share, and saw its market cap drop from $59.9 billion on 12/31/2019 to the current level of $48.4 billion.
See the semiconductor portfolio for more financial highlights on each portfolio company.
Reminder: Portfolio Performance Hinges on Speedy Recovery
Our dashboard forecasting US COVID-19 cases with cross-country comparisons analyzes expected recovery time-frames and possible spread of the virus.
Further, our dashboard -28% Coronavirus crash vs 4 Historic crashes builds a complete macro picture and complements our analyses of the coronavirus outbreak’s impact.