INTC easy 10%
Abercrombie is inches away from meeting its goal to rake in up to $4.3 billion in annual sales by 2025, outlined in an investor day in 2022, and is also close to its long-term target of $5 billion in annual revenue.
“We’ve evolved the purpose and positioning at each of our brands, executing a turnaround at Abercrombie adults that many, many thought was impossible,” CEO Fran Horowitz said when outlining the plan.
Taiwan Semiconductor (TSM) , the world's biggest chip contractor, has been struggling to meet that demand surge, forcing Nvidia to source the high-end packaging technology elsewhere, including with Amkor Technology of Tempe, Ariz., and United Microelectronics (UMC) of Taiwan.
"The demand actually is very strong," Taiwan Semi CEO C.C. Wei told investors on a conference call in late January. "Today's situation (is) that we cannot offer enough capacity to support our customers, and that condition will continue probably all the way to next year, although we are working very hard to increase the capacity."
Tristan Gerra, a senior research analyst at Baird, notes that Taiwan Semi is on track to double its CoWoS capacity this year, a move that should "help supply notably" over the second half of the year.
Gerra lifted his price target on Nvidia by $300, to a Wall Street high of $1,050 per share, in a report published Tuesday.
"Per our Asia field trip, demand for Nvidia's AI solutions remains unabated, with momentum from enterprise customers now rapidly building," Gerra wrote. "Upcoming Blackwell architecture will drive another significant step up in performance, while [average selling prices] will increase as well."
Nvidia will launch the next-generation B100 Blackwell in its AI-focused lineup later this year, adding more heft to its second-half revenue prospects and easing some CoWoS issues tied to its H100 benchmark.
Related: Nvidia stock is key to the Nasdaq making new record high
https://finance.yahoo.com/news/want-10-000-passive-income-105000036.html
Want to make $10,000 in passive income this year? Invest roughly $115,000 in these three safe high-yield dividend stocks.
I think Ares Capital (NASDAQ: ARCC) is a great stock to buy with the first one-third of the initial $115,000. The company's dividend yield of 9.49% would enable you to make well nearly $3,638 in passive income this year.
Ares Capital offers such a high yield primarily because of its business structure. As a business development company (BDC), it must return at least 90% of its income to shareholders in the form of dividends to be exempt from federal taxes.
Of course, the company must generate plenty of income in the first place to have enough to pay dividends. That's not a problem for Ares Capital. It generated net income of over $1.5 billion last year based on generally accepted accounting principles (GAAP), more than doubling its 2022 total.
Ares Capital has paid a dividend every quarter for 14 years with no cuts. The BDC's highly diversified portfolio and strategy of focusing on the upper end of the middle market lowers its risk level. CEO Kipp deVeer also recently confirmed that increasing numbers of large, high-quality companies are coming to Ares Capital for financing because of "the stability that we provide through market cycles."
Investing another $38,333 (one-third of the initial $115,000) in Energy Transfer (NYSE: ET) could also enable you to rake in a boatload of passive income. The midstream energy provider pays a distribution that yields 8.93%. That's enough to make you over $3,420 this year.
Those distributions should be highly dependable. Energy Transfer's earnings jumped 15% year over year in the fourth quarter of 2023 to $1.3 billion. The company had around $970 million in cash flow left over in Q4 after paying its distributions.
I like that Energy Transfer is investing in growth. The company closed on its acquisition of Crestwood Equity Partners in November 2023. Thanks to this deal, Energy Transfer now operates more than 125,000 miles of pipeline in the U.S.
I also like that the company's management has plenty of skin in the game. Roughly 11% of Energy Transfer's units are owned by executives and independent board members. That's more than five times greater insider ownership than its peers.
There's another ultra-high-yield midstream energy stock that can make you a lot of money. Enterprise Products Partners (NYSE: EPD) boasts a distribution yield of 7.72%. Investing the final one-third of the initial $115,000 would generate close to $2,960 in passive income in 2024.
Enterprise Products Partners has a lot in common with Energy Transfer. Both companies operate extensive pipeline networks. Both also own other midstream energy assets, including storage facilities and terminals.
Based on the provided information, here is a growth stock portfolio consisting of ten tickers:
Based on the consensus estimates through calendar 2025, these 20 companies in the S&P 500 are expected to show the highest compound annual growth rates for sales. The sales estimates are in millions.
| Company | Ticker | Two-year est. sales CAGR through 2025 | Est. 2023 sales | Est. 2024 sales | Est. 2025 sales | Price/ 2025 EPS estimate | Price/ 2025 sales-per-share estimate |
| Nvidia Corp. | NVDA, | 38.9% | $56,430 | $90,505 | $108,861 | 29.9 | 16.8 |
| Micron Technology Inc. | MU, | 35.8% | $17,927 | $25,871 | $33,053 | 12.1 | 2.7 |
| First Solar Inc. | FSLR, | 27.2% | $3,482 | $4,563 | $5,632 | 7.6 | 3.0 |
| Newmont Corp. | NEM, | 24.7% | $11,314 | $16,613 | $17,597 | 12.7 | 2.1 |
| Blackstone Inc. | BX, | 24.7% | $9,791 | $12,552 | $15,228 | 20.9 | 10.1 |
| Diamondback Energy Inc. | FANG, | 22.2% | $8,236 | $8,720 | $12,291 | 8.5 | 2.5 |
| Eli Lilly & Co. | LLY, | 21.9% | $34,123 | $41,112 | $50,669 | 42.1 | 14.2 |
| Take-Two Interactive Software Inc. | TTWO, | 21.6% | $5,298 | $6,690 | $7,835 | 19.0 | 3.4 |
| Broadcom Inc. | AVGO, | 21.0% | $38,133 | $50,697 | $55,842 | 22.2 | 10.6 |
| ServiceNow Inc. | NOW, | 21.0% | $8,971 | $10,896 | $13,137 | 49.5 | 12.4 |
| Axon Enterprise Inc. | AXON, | 20.8% | $1,552 | $1,879 | $2,265 | 50.4 | 9.0 |
| Advanced Micro Devices Inc. | AMD, | 19.9% | $22,680 | $25,965 | $32,615 | 32.7 | 8.9 |
| Insulet Corp. | PODD, | 19.5% | $1,648 | $1,979 | $2,353 | 56.1 | 5.6 |
| DexCom Inc. | DXCM, | 19.2% | $3,622 | $4,323 | $5,146 | 52.5 | 8.7 |
| Oneok Inc. | OKE, | 18.8% | $19,034 | $24,991 | $26,864 | 12.8 | 1.5 |
| Palo Alto Networks Inc. | PANW, | 18.4% | $7,428 | $8,827 | $10,408 | 52.4 | 11.2 |
| Tesla Inc. | TSLA, | 18.0% | $96,775 | $111,142 | $134,764 | 44.6 | 4.5 |
| Targa Resources Corp. | TRGP, | 17.8% | $15,610 | $19,202 | $21,670 | 12.5 | 0.9 |
| Extra Space Storage Inc. | EXR, | 17.4% | $2,440 | $2,959 | $3,362 | 25.3 | 9.1 |
| Western Digital Corp. | WDC, | 16.6% | $12,493 | $14,736 | $17,000 | 9.6 | 1.1 |
| Source: FactSet | |||||||
