Why Nvidia (NVDA) is a Top Stock for the Long-Term
From Nasdaq: 2024-05-13 09:30:06
Zacks offers premium services for stock market success, featuring daily updates, research reports, and stock screens to help investors make informed decisions. The Focus List is a curated portfolio of top-performing stocks, gaining 13.85% annually since 2020, outperforming the S&P 500. Methodology includes analyzing earnings estimate revisions to select #1 and #2 ranked companies for long-term growth potential.
Nvidia (NVDA) is a top stock on the Focus List, with 2196.91% growth since being added in May 2019. Analysts project 84.7% earnings growth for the current fiscal year, with a Zacks Consensus Estimate of $23.94. Six analysts revised earnings estimates upwards for fiscal 2025, highlighting NVDA’s strong potential for investors.
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