Latest news with #NovaLtd
Yahoo
07-08-2025
- Business
- Yahoo
Nova Ltd.: Q2 Earnings Snapshot
REHOVOT, Israel (AP) — REHOVOT, Israel (AP) — Nova Ltd. (NVMI) on Thursday reported profit of $68.3 million in its second quarter. On a per-share basis, the Rehovot, Israel-based company said it had net income of $2.14. Earnings, adjusted for one-time gains and costs, came to $2.20 per share. The maker of monitoring systems used in chip manufacturing posted revenue of $220 million in the period. For the current quarter ending in September, Nova Ltd. expects its per-share earnings to range from $2.02 to $2.22. The company said it expects revenue in the range of $215 million to $217 million for the fiscal third quarter. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NVMI at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-08-2025
- Business
- Yahoo
Enthusiasm Over Artificial Intelligence Boosted Nova Ltd. (NVMI) in Q2
Wasatch Global Investors, an asset management company, released its 'Wasatch Small Cap Growth Strategy' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. small-cap stocks experienced significant gains this quarter, despite volatility. They initially dipped after President Trump announced unexpectedly high tariff rates, but quickly rebounded as his economic team showed signs of softening their stance. Against this backdrop, the Strategy performed in line with the Russell 2000® Growth Index's 11.97% return. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second-quarter 2025 investor letter, Wasatch Small Cap Growth Strategy highlighted stocks such as Nova Ltd. (NASDAQ:NVMI). Nova Ltd. (NASDAQ:NVMI) designs and develops process control systems used to manufacture semiconductors. The one-month return of Nova Ltd. (NASDAQ:NVMI) was -3.40%, and its shares gained 49.46% of their value over the last 52 weeks. On August 4, 2025, Nova Ltd. (NASDAQ:NVMI) stock closed at $272.75 per share, with a market capitalization of $8.019 billion. Wasatch Small Cap Growth Strategy stated the following regarding Nova Ltd. (NASDAQ:NVMI) in its second quarter 2025 investor letter: "Two of the strategy's top contributors to performance were technology companies, Fabrinet (FN) and Nova Ltd. (NASDAQ:NVMI). Fabrinet makes optical components that are used in data centers. Nova sells metrology and process control systems used in semiconductor manufacturing. Both businesses have benefited from the increasing use of artificial intelligence (AI). While fundamentals for the two companies remain strong, AI has been a popular investment theme and that likely played a larger role in fueling the stocks' rise." A technician calibrating a chemical mechanical planarization machine for precise applications. Nova Ltd. (NASDAQ:NVMI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 25 hedge fund portfolios held Nova Ltd. (NASDAQ:NVMI) at the end of the first quarter, compared to 26 in the fourth quarter. Nova Ltd.'s (NASDAQ:NVMI) total revenues in Q1 2025 hit a record $213 million, marking fourth straight quarter of all-time highs. This represents a 10% increase quarter over quarter and a 50% increase year over year. While we acknowledge the potential of Nova Ltd. (NASDAQ:NVMI) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Nova Ltd. (NASDAQ:NVMI) and shared billionaire Jim Simons' RenTech's small-cap stock picks with huge upside potential. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-08-2025
- Business
- Yahoo
Here's What Fueled Fabrinet's (FN) Rise in Q2
Wasatch Global Investors, an asset management company, released its 'Wasatch Small Cap Growth Strategy' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. small-cap stocks experienced significant gains this quarter, despite volatility. They initially dipped after President Trump announced unexpectedly high tariff rates, but quickly rebounded as his economic team showed signs of softening their stance. Against this backdrop, the Strategy performed in line with the Russell 2000 Growth Index's 11.97% return. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second-quarter 2025 investor letter, Wasatch Small Cap Growth Strategy highlighted stocks such as Fabrinet (NYSE:FN). Fabrinet (NYSE:FN) offers optical packaging and precision optical, electro-mechanical, and electronic manufacturing services. The one-month return of Fabrinet (NYSE:FN) was 15.09%, and its shares gained 67.28% of their value over the last 52 weeks. On August 4, 2025, Fabrinet (NYSE:FN) stock closed at $329.57 per share, with a market capitalization of $11.809 billion. Wasatch Small Cap Growth Strategy stated the following regarding Fabrinet (NYSE:FN) in its second quarter 2025 investor letter: "Two of the strategy's top contributors to performance were technology companies, Fabrinet (NYSE:FN) and Nova Ltd. (NVMI). Fabrinet makes optical components that are used in data centers. Nova sells metrology and process control systems used in semiconductor manufacturing. Both businesses have benefited from the increasing use of artificial intelligence (AI). While fundamentals for the two companies remain strong, AI has been a popular investment theme and that likely played a larger role in fueling the stocks' rise." An automated assembly line displaying the advanced packaging technology used by the company. Fabrinet (NYSE:FN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 38 hedge fund portfolios held Fabrinet (NYSE:FN) at the end of the first quarter, compared to 36 in the previous quarter. While we acknowledge the potential of Fabrinet (NYSE:FN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Fabrinet (NYSE:FN) and shared the latest analyst views on Coatue's favorite 33 AI stocks. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Intuit & 2 Other Profitable Stocks to Buy for 2H25
Investors should seek companies that provide strong returns after covering all operating and non-operating expenses. Therefore, it's wise to invest in a profitable company rather than one that is losing money. Here, we use the concept of accounting ratios to assess a company's profitability. Among the various profitability ratios, we select the most effective and commonly used metric to evaluate a firm's bottom-line performance. To that end, Intuit Inc. INTU, Dave Inc. DAVE and Nova Ltd. NVMI have been selected as top picks for the second half of the year due to their high net income ratios. The net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues. Using the net income ratio, one can determine a firm's effectiveness in meeting operating and non-operating expenses from revenues. A higher net income ratio usually implies a company's ability to generate ample revenues and successfully manage all business functions. The net income ratio is not the only indicator of future winners. So, we have added a few more criteria to arrive at a winning strategy. Zacks Rank Equal to #1: Whether the market is good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here. Trailing 12-Month Sales and Net Income Growth Higher than X Industry: Stocks that have witnessed higher-than-industry sales and net income growth in the past 12 months are positioned to perform well. Trailing 12-Month Net Income Ratio Higher than X Industry: A high net income ratio indicates a company's solid profitability. Percentage Rating Strong Buy greater than 70: This indicates that 70% of the current broker recommendations for the stock are Strong Buy. These few parameters have narrowed the universe of more than 7,685 stocks to only 11. Here are three of the 11 stocks that qualified for the screening: Intuit offers a range of products and services related to financial management, compliance, and marketing within the United States. The 12-month net profit margin of INTU is 19.1%. Dave offers a range of financial products and services via its financial services platform in the United States. The 12-month net profit margin of DAVE is 13.8%. Nova is involved in the design, development, production and sale of process control systems used in the semiconductor manufacturing industry. Their operations extend across various countries, including Israel, Taiwan, the United States, China, Korea, and other international locations. The 12-month net profit margin of NVMI is 28.5%. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: 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 Intuit Inc. (INTU) : Free Stock Analysis Report Dave Inc. (DAVE) : Free Stock Analysis Report Nova Ltd. (NVMI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
30-06-2025
- Business
- Yahoo
Best Growth Stocks to Buy for June 30th
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 30th: BAE Systems plc BAESY: This company that provides defense, aerospace, and security solutionscarries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days. Bae Systems PLC price-consensus-chart | Bae Systems PLC Quote BAE has a PEG ratio of 1.92 compared with 3.73 for the industry. The company possesses a Growth Score of B. Bae Systems PLC peg-ratio-ttm | Bae Systems PLC Quote Ahold N.V. ADRNY: This retail food stores and e-commerce company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days. Ahold NV price-consensus-chart | Ahold NV Quote Ahold has a PEG ratio of 1.60 compared with 2.38 for the industry. The company possesses a Growth Score of B. Ahold NV peg-ratio-ttm | Ahold NV Quote Nova Ltd. NVMI: This process control systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days. Nova Ltd. price-consensus-chart | Nova Ltd. Quote Nova has a PEG ratio of 2.17 compared with 9.56 for the industry. The company possesses a Growth Score of B. Nova Ltd. peg-ratio-ttm | Nova Ltd. Quote See the full list of top ranked stocks here. Learn more about the Growth score and how it is calculated here. 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 Bae Systems PLC (BAESY) : Free Stock Analysis Report Nova Ltd. (NVMI) : Free Stock Analysis Report Ahold NV (ADRNY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
