- Nvidia, Oracle, and Eli Lilly have seen significant stock rallies due to their impressive growth and profits in recent years. Investing in these solid blue-chip stocks could have yielded over 380% returns if bought in 2020.
- Nvidia’s stock has surged 1,290% in 5 years, driven by its leadership in AI chip technology. Despite its high market cap, the stock remains reasonably priced with a forward P/E ratio of 42, making it a strong long-term investment in the AI market.
- Oracle’s stock has risen 381% in 5 years, benefiting from providing cloud infrastructure and AI solutions. The company’s adaptation to customer needs, including the upcoming Oracle AI Database, has helped drive steady growth and earnings, making it a top AI stock to consider.
- Eli Lilly, up 462% in 5 years, has excelled in the healthcare sector with innovative GLP-1 weight loss and diabetes drugs. The company’s strong earnings growth and forward P/E ratio of 24 position it as a cost-effective growth stock, offering potential for further investment success in the future.
Read more at Nasdaq: 3 Blue Chip Stocks That Have Soared 380% (and Higher) Over the Past 5 Years