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SMIF Analyst Molly Paine ’21 Pitches Nvidia Corporation

SMIF Analyst Molly Paine ’21 Pitches Nvidia Corporation

posted on April 6, 2021

On March 15th, Molly Paine pitched Nvidia Corporation (NASDAQ: NVDA) to the SMIF class. Nvidia corporation is a semiconductor devices company that designs, markets, and sells semiconductor products. Their industry leading graphics processors are used across various applications including PC gaming, artificial intelligence enterprises, autonomous driving platforms, robotics, medical imaging, and many others. Going forward, Nvidia is expanding their AI and data center platforms through the release of new products such as Nvidia AI Enterprise and the acquisition of Arm from Softbank. They are also expanding into cryptocurrency mining and see a tremendous growth area in their autonomous driving platform. The class approved the pitch and voted to buy 125 shares of NVDA, sell 100 shares of XLK, sell 40 shares of ADBE, sell 180 shares of APPL, sell 30 shares of SPY, and sell a June 18th, $500 call on 100 shares of NVDA.

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