ATLANTA, Feb. 20, 2001 (PRIMEZONE) -- The following is being issued by WinningInvestments.com:
While many companies have announced negative guidance through the first half of 2001, Nividia Corp. (Nasdaq:NVDA) is well positioned for 2001.
With very little of its 2001 forecasts taking in its deal to supply the Microsoft Xbox video game, NVDA could be in line for a strong 2001. The company just recently announced its seventh quarter of sequential increases in both earnings and revenue. The market leader in 3D graphic chips for desktop computers, is also unlikely to be hurt be the slowdown in PC sales.
WinningInvestments.com (http://www.WinningInvestments.com), a leading Internet-based stock information site that provides covered call selections and investment strategies, recently highlighted NVDA in its Newsletter. The investment Website sends out, via e-mail, its Newsletter, which contains news, commentary, education and covered call highlights, at the close of the market on Monday, Wednesday and Friday.
WinningInvestments also selected NVDA as one of its potential covered call candidates for its Website. The company lists its covered call candidates on its Website three times per week.
Nvidia Corp. currently has four analysts recommending it as a strong buy, and two as a buy. NVDA is currently trading at $53.56, with the bid on the March 2001 $50 call at $7.38. This gives downside protection of 13.8% and a yield, if called, of 7.1%.
Investors who are unfamiliar with covered calls can learn about this investment method at www.WinningInvestments.com. WinningInvestments.com usually offers investors a free 10-day trial, where they can view the services with no risk or obligation. Between now and Feb. 27, 2001, members can receive a 15-day trial by stating "15-day trial" in the "How did you hear about us?" section of the registration page. To visit their site, go to http://www.WinningInvestments.com.
WinningInvestments.com also offers six different categories of covered call selections and nine different investment strategies. The covered call selections are updated on the Website each week on Tuesday, Thursday and Sunday. The strategies include three different strategies for Dogs of the Dow, aggressive and conservative investors.