1 Artificial Intelligence Stock That Could Crush the Market
Most stock pickers have one goal: to beat the market. Since January 2015, the S&P 500 has returned an average 13% per year, or 110% total. That's not bad, but it pales in comparison to NVIDIA's (NASDAQ: NVDA) 3,410% return over the same period.
Given the chipmaker's $438 billion market cap, investors may think it's too late to buy this stock. But NVIDIA recently delivered strong first-quarter results, reminding Wall Street that it's still a growth company. In fact, I think NVIDIA will continue to outperform the market over the next five years. Here's why.
NVIDIA is a leading provider of graphics processing units (GPUs) and AI solutions. Its brand name has become synonymous with high-performance computing, which has translated into strong demand from both gamers and data center customers.
Source Fool.com
