A Closer Look at the $NVDA 13F
$NVDA $ARM $NNOX $SOUN $RXRX
NVDA 0.00%↑ came out with a 13F filing last week for the period ending 12/31/23, their first such filing, and perhaps an incredibly interesting development for what’s become one of the most watched stocks in the market.
A quick look at the charts of 3 interesting companies from this filing
Company Summary
Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode. The company’s solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source, and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company was incorporated in 2018 and is based in Neve Ilan, Israel.
Might be wise to let the dust settle on the recent price action, but if this one can hold that 200day, there will be a nice risk/reward setup in this one.
This stock is one of the largest holdings in Cathie Wood’s IZRL 0.00%↑ ETF. IZRL 0.00%↑ has been one of the strongest ETF’s (excluding BTC related) over the past month.
Similar situation here, with SOUN 0.00%↑ above 200 day and some important AVWAP’s. With RSI approaching 90, it’s difficult to try to step in now, but this is another to add to the watchlist for a pullback entry point.
There looks to be some diversity across each of these positions. Recursion is a higher beta biotech name, and reports earnings in a month.