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Profit marginsInvestor's Business Daily
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Business & Economics
86% Informative
Nvidia shares had traded between 40 and 50 in the second half of 2023 .
Nvidia shares started rising to new highs in January of this year .
From the January 2023-ended quarter to the October 2023 period, earnings per share grew 488% , 574% , 153% and 101% .
Nvidia stock ended November above 138 per share.
In the aerospace and defense group, Northrop Grumman ( NOC ) has been a laggard. Its most recent annual pretax margin was 6.4% , while quarterly after-tax margin was 9.6% . Compare that to one of the strongest price performers in the group, Curtiss-Wright ( CW ), which delivered an annual pretax margin of 16.5% and quarterly after-tax margin of 14.3% . In 2024 , Curtiss-Wright has rallied almost 68% , while Northrop is up only 4.6% . YOU MAY ALSO LIKE:.
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