NVIDIA Rises On Unusually High Volume (NVDA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- NVIDIA Corporation (Nasdaq: NVDA) is trading at unusually high volume Friday with 21.4 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up 63 cents (+4.5%) at $14.54 as of 4 p.m. ET.

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NVIDIA has a market cap of $8.59 billion and is part of the technology sector and electronics industry. Shares are up 13.4% year to date as of the close of trading on Thursday.

NVIDIA Corporation, a visual computing company, develops graphics chips for use in personal computers (PC), mobile devices, and supercomputers. The company operates through two segments, GPU and Tegra Processors. The company has a P/E ratio of 15.4, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NVIDIA as a buy. 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, attractive valuation levels, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NVIDIA Ratings Report.

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