3 Stocks Disrupting Their Industries
Change is a common theme throughout history, but it seems it's coming at us faster than ever before. Some companies are not only comfortable with change, but they embrace it. Three companies not afraid of the cutting edge are graphics-chip behemoth NVIDIA (NASDAQ: NVDA), automotive mainstay GM (NYSE: GM), and Amazon (NASDAQ: AMZN).
Tim Brugger (NVIDIA): Graphics-processing units (GPUs) for the world's rabid gamers is often one of the first things that comes to mind when NVIDIA is mentioned -- and rightfully so. NVIDIA's relatively new GeForce virtual reality (VR) ready GPU line-up is already the gaming-industry standard.
Beyond gaming, a driving force behind NVIDIA's record-breaking $2.23 billion in revenue last quarter -- a mind-boggling 56% improvement year-over-year -- was its all-in effort to disrupt the fast-growing artificial-intelligence (AI) market. Founder and CEO Jensen Huang wasn't exaggerating when he said, "Nearly every industry and company is awakening to the power of AI."
Source: Fool.com
Amazon.com Inc. Stock
The stock is an absolute favorite of our community with 145 Buy predictions and no Sell predictions.
As a result the target price of 189 € shows a slightly positive potential of 10.17% compared to the current price of 171.56 € for Amazon.com Inc..
