NVDA earnings awaited.
"July Quarter Preview (Citi): Expect Beat & Modest Raise; Remain Buy-Rated North America | Semiconductors | Buy Despite strong YTD outperformance with stock up 60% vs SOX up 21%, NVDA remains a polarized stock on both sell-side (49% hold/sell ratings) and buy side with most investors in the "buy the pull back" camp. We think mixed investor sentiment helps drive the stock higher in 2H as continued growth in data center with C17E sales still ~7% of the projected $30B CY20 opportunity and auto inflection in C18/19 on increased traction with car OEMs this year drive positive revisions to Street estimates. Our FY19/20 EPS estimates are 15% / 17% above Street. Buy side is looking for a Jul-Q beat and in-line Oct-Q rev guide. We see 5% / 3% upside to Street Jul/Oct Q sales based on peer commentary analysis. Remain Buy-Rated with $180 target price & $300 bull case NVDA preview from citi 8-9-17. Reports tonight ... "