Prediction: 1 Stock That Will Be Worth More Than Nvidia 5 Years From Now
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market in the past five years, delivering remarkable gains of 1,300% to investors during this period and significantly outpacing the tech-laden Nasdaq Composite's returns of about 100%.The semiconductor giant's terrific upside can be attributed to the healthy demand for its graphics processing units (GPUs), which are powering multiple applications ranging from artificial intelligence (AI) servers to cars to personal computers to "digital twins." These multiple end markets have led to outstanding growth in Nvidia's revenue and earnings over the past five years.Continue reading
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market in the past five years, delivering remarkable gains of 1,300% to investors during this period and significantly outpacing the tech-laden Nasdaq Composite's returns of about 100%.
The semiconductor giant's terrific upside can be attributed to the healthy demand for its graphics processing units (GPUs), which are powering multiple applications ranging from artificial intelligence (AI) servers to cars to personal computers to "digital twins." These multiple end markets have led to outstanding growth in Nvidia's revenue and earnings over the past five years.