Should You Forget Nvidia and Buy These 2 Tech Stocks Instead?
Investors have been buying Nvidia (NASDAQ: NVDA) shares like hotcakes over the past several years -- and that's helped the artificial intelligence (AI) leader to jump more than 2,000% since 2020.And there's plenty of evidence this top AI company has farther to go. The world's No. 1 seller of AI chips has an impressive track record of earnings growth, and the strength of the general AI market, along with Nvidia's plan to keep innovating, should boost revenue in the years to come.So, investors who choose to buy and hold Nvidia stock could set themselves up for a win over the long run -- especially since the stock offers a solid entry point right now. After a recent dip, it's trading close to its cheapest level in about a year in relation to forward earnings estimates.Continue reading
Investors have been buying Nvidia (NASDAQ: NVDA) shares like hotcakes over the past several years -- and that's helped the artificial intelligence (AI) leader to jump more than 2,000% since 2020.
And there's plenty of evidence this top AI company has farther to go. The world's No. 1 seller of AI chips has an impressive track record of earnings growth, and the strength of the general AI market, along with Nvidia's plan to keep innovating, should boost revenue in the years to come.
So, investors who choose to buy and hold Nvidia stock could set themselves up for a win over the long run -- especially since the stock offers a solid entry point right now. After a recent dip, it's trading close to its cheapest level in about a year in relation to forward earnings estimates.
