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Trading Ideas

What is a Financial Statement?

When a company’s stakeholders want to know how well it’s performing, they look to its financial statements. A financial statement is a report summarizing the written financial records to show the company’s financial performance and position. There are three statements that make up the financial statement: balance sheet, income statement and cash flow statement. Each shows a different aspect of the company’s total finances, and each plays a role in providing context to the overall financial picture of the company.
Financial statements are an integral part of accounting. Not only are they compiled and released quarterly, they’re also notated and …read more […]

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Trading Ideas

NVIDIA Stock – Is Now the Right Time to Buy?

Nvidia (NASDAQ: NVDA) stock price has been running red hot lately. The stock exploded nearly 50% since the company announced a four-for-one stock split on May 21st, 2021. The rally has propelled NVIDIA’s share price to an all-time high value that continues to climb.
Now a series of significant upgrades is lifting the Nvidia stock price to the brink of another potential breakout. Can the chipmakers magical run continue? Let’s take a look at the factors that will determine if that happens or not.

NVIDIA Stock Price: Can It Continue Breaking Its All-Time High Record?
The semiconductor manufacturing giant, Nvidia, is much more …read more […]