1 Mind-Boggling Number From Nvidia's Q4 Earnings That May Have You Thinking Twice About Whether the Stock Peaked
Chipmaker Nvidia (NASDAQ: NVDA) has been a growth beast over the past few years. The growth that the business has experienced due to artificial intelligence (AI) turned Nvidia into one of the most valuable companies in the world today, with a market cap of around $3 trillion.Investors may be growing concerned, however, that due to the stock's massive 1,600% gains over the past five years, it may have already peaked -- and it's too late to invest in the tech company today. But Nvidia's recent earnings report highlights just how strong the business has become today, and why there can still be significantly more upside ahead for the AI stock, even if you invest in it right now.A lot of the attention is on Nvidia's top-line growth, but what really impresses me is its bottom line. The company's strong margins ensured that as the business grows, a lot of that growth on the top line flows through to net income and boosts earnings. And that profit growth prevents the stock from being too expensive.Continue reading
Chipmaker Nvidia (NASDAQ: NVDA) has been a growth beast over the past few years. The growth that the business has experienced due to artificial intelligence (AI) turned Nvidia into one of the most valuable companies in the world today, with a market cap of around $3 trillion.
Investors may be growing concerned, however, that due to the stock's massive 1,600% gains over the past five years, it may have already peaked -- and it's too late to invest in the tech company today. But Nvidia's recent earnings report highlights just how strong the business has become today, and why there can still be significantly more upside ahead for the AI stock, even if you invest in it right now.
A lot of the attention is on Nvidia's top-line growth, but what really impresses me is its bottom line. The company's strong margins ensured that as the business grows, a lot of that growth on the top line flows through to net income and boosts earnings. And that profit growth prevents the stock from being too expensive.
