Where Will Nvidia Stock Be in 10 Years?
Nvidia (NASDAQ: NVDA) has been a huge winner on the stock market in the past decade, turning an investment of just $100 into nearly $25,000 as of this writing on account of the outstanding revenue and earnings growth that it has delivered during this period.
The graphics card specialist has benefited from multiple growth trends during this period, such as the growth of the video gaming market, the advent of connected cars and autonomous driving technology, high-performance computing, and artificial intelligence (AI). However, Nvidia's remarkable surge in the past 10 years has made it the second-most valuable company in the world with a market cap of $3.4 trillion.
Investors, therefore, may be wondering if Nvidia has the ability to deliver substantial gains over the next decade as well, considering where it is now. Let's take a closer look at Nvidia's potential catalysts for the next decade and try to find out if it is worth buying the stock now in anticipation of more upside in the long run.
Source Fool.com
