3 Better Stocks for the Long Term Than Nvidia

From NASDAQ.: 2024-04-02 07:15:00

Nvidia’s stock has surged by 520% since the start of 2023, reflecting its cyclic nature as a company dependent on selling products one-time rather than through subscriptions. This contrasts with tech giants like Amazon, Microsoft, and Alphabet, who benefit from the recurring revenue of cloud computing subscriptions and are poised for long-term growth in a booming market set to hit $1.55 trillion by 2030. Subscription models have proven more sustainable than single product sales, as seen in the software industry’s shift towards subscription-based offerings. Companies like Amazon, Microsoft, and Alphabet, with their cloud computing segments, are positioned for sustained revenue growth, making them more attractive long-term investments compared to Nvidia’s cyclical business model.



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