NEW YORK (TheStreet) -- Nvidia (NVDA) - Get Report closed higher by 1.63% to $33.68 in Tuesday's trading session as strong demand for high-end graphics cards has increased their average price by 15%, according to DigiTimes.

The price increase could boost Nvidia's financial results for the fourth quarter to the high end of its forecast for revenue of $1.3 billion, plus or minus 2%.

Analysts surveyed by Thomson Reuters expect revenue of $1.21 billion for the quarter.

Nvidia is a visual computing company based in Santa Clara, CA.

Insight from TheStreet's Research Team:

Chris Laudani commented on Nvidia in a recent post on Here is a snippet of what Laudani had to say about the stock:

Nvidia is the best-performing tech stock in 2015 and I think the shares can move higher. Investors have underappreciated Nvidia's transformation from a PC video game chipmaker into a visual computer powerhouse.

The company has used its prowess in developing graphics processors for gaming into a fast-growing product line of processors for cloud computing, automotive applications, supercomputers and mobile communications. It even earns juicy margins from licensing its considerable patent portfolio.

Over the last four years, Nvidia has done a good job of finding new markets, increasing its gross margins and boosting its free cash flow, so I don't believe it will give those up easily. If I'm right, Nvidia should be able to continue its run higher into the new year.

- Chris Laudani, 'Nvidia Looks Chipper Despite 2015 Run-Up' originally published 12/29/2015 on

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Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate NVIDIA CORP as a Buy with a ratings score of A+. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

You can view the full analysis from the report here: NVDA