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Yahoo
24-03-2025
- Business
- Yahoo
Seeking Income? These 3 AI Stocks Pay Dividends
Dividends come with many great perks, with the payouts essentially reflecting a form of 'payday' in the market. Technology sector stocks are often overlooked by income-focused investors, as these companies commonly use spare cash to fuel further growth. But perhaps to the surprise of some, several stocks involved closely in the AI trade – Broadcom AVGO, Vertiv VRT, and NVIDIA NVDA – shell out dividend payments. For those interested in getting paid with some AI exposure, let's take a closer look at each. Vertiv has continued to see stellar growth thanks to hot demand for its cooling solutions, with EPS climbing 77% on the back of a 26% move higher in sales throughout its latest period. It's enjoyed a nice sales acceleration as a result, as shown below. Image Source: Zacks Investment Research Shares currently yield a modest 0.2% annually, lower than that of the S&P 500 and the Zacks Technology sector average. Notably, the EPS outlook for its current fiscal year continues to be bullish, with the $3.59 per share expected up 23% over the last year. Image Source: Zacks Investment Research Broadcom has long been recognized as a strong dividend technology player thanks to its rock-solid cash-generating abilities that have regularly allowed it to boost payouts. The company boasts a sizable 12.5% five-year annualized dividend growth rate, with shares currently yielding 1.2% annually. Below is a chart illustrating dividends/share on a quarterly basis. Image Source: Zacks Investment Research The stock also boasts the highly-coveted Zacks Rank #1 (Strong Buy) thanks to a bullish EPS outlook, with analysts moving their expectations higher across the board. Current fiscal year growth rates are hard to ignore, with AVGO expected to see 34% EPS growth on 20% higher sales. Image Source: Zacks Investment Research NVIDIA continues to be an investor favorite thanks to its cutting-edge Data Center offerings that have resulted in unprecedented growth, with Data Center sales of $35.6 billion throughout its latest period up 90% year-over-year and 16% sequentially. The rich demand backdrop has kept the stock at a favorable Zacks Rank #2 (Buy), with analysts continuing to remain bullish. And given the positive reaction to the company's GTC AI conference just last week, it's clear that the company remains a prime selection for the AI frenzy. Image Source: Zacks Investment Research NVDA shares currently yield a tiny 0.1% annually. But while the yield remains fractional relative to other dividend-paying stocks, the raw share performance has muted this concern entirely. The company raised the payout by 150% last year in May, though no increases have come since. Image Source: Zacks Investment Research Bottom Line Dividends come with great perks for investors, providing a passive income stream and the ability to maximize returns through dividend reinvestment. Although all three dividend-paying tech stocks above – Broadcom AVGO, Vertiv VRT, and NVIDIA NVDA – aren't high-yield, the bullish outlook for these companies' AI offerings can't be overlooked by income-focused investors seeking the join the frenzy. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Reuters
17-03-2025
- Business
- Reuters
Quantum computing, AI stocks rise as Nvidia kicks off annual conference
March 17 (Reuters) - Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its annual conference. The five-day GTC AI conference, which was already underway, will devote an entire day to quantum computing and feature executives from notable firms including D-Wave Quantum and Rigetti Computing. Several quantum computing stocks jumped, with D-Wave Quantum (QBTS.N), opens new tab up 9.4%, while Quantum Corp (QMCO.O), opens new tab and Quantum Computing (QUBT.O), opens new tab gained 23.1%, and 15.5%, respectively. Other AI-linked stocks gained in choppy trading, with SES AI (SES.N), opens new tab soaring 30% and Dell Technologies (DELL.N), opens new tab up 3%. Investors will focus on CEO Jensen Huang's keynote on Tuesday to assess the latest developments in the AI and chip sectors, which have lost some luster on concerns over competing AI products in China and worries over the impact of U.S. tariffs. "If tomorrow's presentation is broadly positive, I don't think it would take an awful lot to see some big upward moves in anything related to AI (or) quantum (computing) from current levels," said David Morrison, senior analyst at Trade Nation. "Looking at how oversold so many of these stocks are, it's just a question of getting a catalyst for people to come back in and redeploy funds." The fresh focus on quantum computing is a change of pace for Huang, after his comments in January that the technology was decades away from practical use sparked a steep selloff in related stocks. "They call this the 'Woodstock' of AI," said Ken Mahoney, CEO of Mahoney Asset Management. "If (Huang) says something a little more encouraging, that could add some boost for these stocks." Nvidia is expected to reveal details of a new chip system, hint at plans in other computing markets including robotics and provide updates on its Blackwell Ultra chip. Trading was volatile, however, with Rigetti Computing (RGTI.O), opens new tab reversing premarket gains. Nvidia also reversed early gains and was last down 1.8%. The stock has slumped 11% this year after a blistering 171% rally in 2024. "To get the AI space excited again, they have to go a little off script from what we're expecting," Mahoney said.
Yahoo
17-03-2025
- Business
- Yahoo
Quantum computing, AI stocks rise as Nvidia kicks off annual conference
By Lisa Pauline Mattackal (Reuters) - Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its annual conference. The five-day GTC AI conference, which was already underway, will devote an entire day to quantum computing and feature executives from notable firms including D-Wave Quantum and Rigetti Computing. Several quantum computing stocks jumped, with D-Wave Quantum up 9.4%, while Quantum Corp and Quantum Computing gained 23.1%, and 15.5%, respectively. Other AI-linked stocks gained in choppy trading, with SES AI soaring 30% and Dell Technologies up 3%. Investors will focus on CEO Jensen Huang's keynote on Tuesday to assess the latest developments in the AI and chip sectors, which have lost some luster on concerns over competing AI products in China and worries over the impact of U.S. tariffs. "If tomorrow's presentation is broadly positive, I don't think it would take an awful lot to see some big upward moves in anything related to AI (or) quantum (computing) from current levels," said David Morrison, senior analyst at Trade Nation. "Looking at how oversold so many of these stocks are, it's just a question of getting a catalyst for people to come back in and redeploy funds." The fresh focus on quantum computing is a change of pace for Huang, after his comments in January that the technology was decades away from practical use sparked a steep selloff in related stocks. "They call this the 'Woodstock' of AI," said Ken Mahoney, CEO of Mahoney Asset Management. "If (Huang) says something a little more encouraging, that could add some boost for these stocks." Nvidia is expected to reveal details of a new chip system, hint at plans in other computing markets including robotics and provide updates on its Blackwell Ultra chip. Trading was volatile, however, with Rigetti Computing reversing premarket gains. Nvidia also reversed early gains and was last down 1.8%. The stock has slumped 11% this year after a blistering 171% rally in 2024. "To get the AI space excited again, they have to go a little off script from what we're expecting," Mahoney said.
Yahoo
17-03-2025
- Business
- Yahoo
Nvidia GTC: 'There's no one else in the AI market' like Nvidia
Nvidia (NVDA) stock is in focus as the chipmaker kicks off its annual GPU Technology Conference (GTC) in San Jose, California. Lopez Research founder Maribel Lopez outlines what she's expecting from the Nvidia conference and discusses the recent sell-off in the chipmaker's stock. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. We got to talk a little Nvidia, the only member of the magnificent seven in the green pre-market this morning. It comes as the tech giants GTC AI conference kicks off in San Jose, but our next guest isn't sure that this will be enough to snap the tech route here. Ahead of CEO Jensen Huang's highly anticipated keynote address tomorrow, we have Maribel Lopez. Lopez Research founder for more on what to expect from the conference. Maribel, thanks for taking the time this morning. What are you going to be looking out for? I'm looking out for Jensen's discussion of the next wave of post Blackwell chips and how that's going to enable us to get to another higher level categorization of AI beyond where we are today. I think that's what he's gunning for tomorrow. And and do you think that that is going to be enough to lead to a significant recovery in the stock just given the amount of selling that we have seen from Nvidia shareholders? What I see where they are right now is really Nvidia is the best game in town if you're looking for investing in AI, they're the company that sells the picks and shovels. Everybody's going to continue to buy them for the foreseeable future. Uh but there's still quite a bit of discussion about how do we get back to uh really extreme growth and better margins for Nvidia. So I think there's going to be some discussion in the investor community about how do we navigate that. And so with that in mind, you you acknowledge what is the major consideration for investors, which is the the growth ramp and then the stalling out. And then the other side of that is, okay, the deceleration. What type of deceleration are you anticipating here within that growth figure and and how that kind of measures up to some of the investor expectations? So where we are right now is the Blackwell chip ramp is back on track. They are actually pulling that in significantly. It's had some impact on their margins, but they're going to sell through on that and they're looking at the next generations. What we see needing to happen moving forward in this space is there's a 10x performance improvement that will get us to the next wave beyond reasoning or even more reasoning within an AI. AIs talking to AIs. But that is not a short-term growth ramp. That is not something that you could see really happening in the 2025 time frame. That's going to be the next wave in 2026. So I think it's going to be a rough navigation period in between. But the reality situation is Nvidia is selling everything it can make right now. So therefore, have we priced in that everything that they can make right now, that's a bit unclear. So we'll have to see how the investors are feeling about do they think that there's more potential upside for the hyperscalers. The hyperscalers have been very clear that they are going to build to enterprise demand. They're not going to overbuild for demand. So really, I think we won't know the answer to this question until we start to see how companies like uh Microsoft, AWS, Google, IBM, how they're actually positioning what's going on with AI in the enterprise. And Maribel, I hear you painting sort of a longer term bull case for Nvidia, but I just wonder what's going to get us back to the prior all-time high that we had in mid-February. Are some of the product announcements and the longer-term plans going to be enough for investors to recover some of what they've lost by holding Nvidia in the short term? I think in the post keynote after tomorrow, there's going to be tremendous enthusiasm for the future of Nvidia because Jensen does tell the story of how AI will evolve very successfully. He's done that in all of his conferences. Uh but the reality of the matter is we've been very aggressive on Nvidia stock and we've been very aggressive as a market on AI in general. And now we're at that rubber meets the road standpoint where will actual buyers be buying enough of cloud computing AI technology to actually keep this wave going? And I think we've got a good six months where there's still a lag between what we want to have happen and what buyers are actually buying. And so considering the run-up that we've seen and appreciation in the share price for Nvidia over the course of the larger AI theme, is that still the best in class trade for that theme? If you're looking at AI, they actually are the people that sell AI technology. Every single hardware vendor is standing up strategies at GTC over the course of this week to talk about how they're working in with Nvidia, how they're putting Nvidia in their stack. So I think that they're going to continue to have high sell through on their top line for their products. There's no one else in the AI market that is doing the kind of AI sales that Nvidia has been doing, but that's at a chip level. I mean, everything beyond that is like goes from chips, then it goes to cloud, then it goes to software, and we are just not at the software level yet. So right now, Nvidia seems to be the game to beat. Another potential catalyst from video is Quantum, and we spoke with the CEO of D-Wave about their earnings and their quantum supercomputer. To what extent do you see quantum computing as a potential tailwind or headwind for Nvidia, especially given some of that competition that we're seeing? Quantum is another one of those categories that fits into more of a long game strategy. I absolutely believe that quantum will happen. We've seen tremendous progress from all of the companies that are building quantum this year, even uh having said that, most organizations are doing quantum for the research community. It's a long lead time from the research community out into the general enterprise. So I don't think that this is really going to be driving significant revenue growth for anyone in tech for some time. All right, Maribel, we got to leave it there. Thanks so much for joining us. Thank you.
