From Nasdaq: 2024-07-09 06:45:00

Nvidia faces concerns about potential demand reduction for GPUs due to its cyclical nature. Meanwhile, Alphabet and Amazon, valued at $2.3 trillion and $2.1 trillion respectively, could surpass Nvidia in five years if they grow by 31% and 45%. Alphabet’s forward P/E ratio of 24.5 suggests it may be undervalued compared to other tech giants like Microsoft and Apple.

With strong execution and focus on operational efficiency, Amazon’s revenue and profits are on the rise, making it a solid investment for the future. Despite trading at a similar valuation to Nvidia, Amazon’s potential for growth and profitability could lead it to surpass Nvidia in five years.



Read more at Nasdaq: Prediction: 2 Stocks That Will Be Worth More Than Nvidia 5 Years From Now