Zacks.com highlights NVIDIA Corp.’s upcoming Q2 earnings report, expected to show strong growth following recent agreements and high data center spending.

NVIDIA anticipates robust Q2 results with revenue projected at $46.03 billion, up 53.2% YoY, and EPS of $1.00, a 47.1% YoY increase, driven by demand for its new Blackwell Ultra GPUs.

Investors advised to hold NVIDIA stock as data center capex grows, with tech giants like Alphabet, Amazon, and Microsoft increasing spending.

Zacks Investment Research identifies 5 stocks set to double, including NVIDIA, Alphabet, and Meta Platforms, offering potential for significant gains in the coming year.

Read more at Nasdaq: The Zacks Analyst Blog Highlights NVIDIA, Alphabet, Meta Platforms, Amazon.com and Microsoft