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Wooster Corthell buys NVIDIA shares; company beats Q2 forecasts, plans $60B stock buyback.
Wooster Corthell Wealth Management Inc. has purchased nearly 6,628 shares of NVIDIA for about $718,000.
The company reported a strong Q2 with earnings per share (EPS) of $1.05, surpassing analysts' estimates.
NVIDIA's revenue reached $46.74 billion, also exceeding expectations.
The company plans to increase its stock buyback by $60 billion, amid mixed views on the move.
Market analysts rate NVIDIA as a "Moderate Buy" with a price target of $207.69.
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Wooster Corthell compra acciones de NVIDIA; la compañía supera las previsiones del segundo trimestre, planea una recompra de acciones por $ 60 mil millones.