Three stocks, including Nvidia, Broadcom, and Palantir, are strong growth stock considerations.

From Nasdaq: 2025-01-10 19:56:00

Growth investing is popular among investors targeting companies with above-average earnings and revenue growth for share outperformance. Nvidia, Broadcom, and Palantir are strong growth stock considerations due to their reinvestment in business expansion and innovation.

Broadcom’s FY24 revenue hit a record $51.6 billion, growing 44% year-over-year on strong demand for its AI solutions. With a favorable Zacks Rank #2 (Buy), the company’s earnings outlook is positive with expectations of 36% EPS growth on 22% higher sales.

Palantir’s AI-driven sales grew 30% year-over-year to $726 million, boosting its share performance. Analysts raised earnings expectations, giving the stock a Zacks Rank #2 (Buy) amid strong demand for its solutions.

Nvidia’s Data Center segment continues to impress with significant year-over-year growth, prompting positive revisions in earnings outlook. CEO Jensen Huang notes the global shift to NVIDIA computing, emphasizing AI’s importance driving growth in the company.

Investors seeking companies with bright outlooks can consider Broadcom, Nvidia, and Palantir, all with favorable Zacks Ranks and positive earnings estimate revisions. Above-average sales and earnings growth typically lead to share outperformance, making these companies attractive options.



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