Nvidia's Strong Earnings Growth
This is a news story, published by Yahoo Finance, that relates primarily to Nvidia news.
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Nvidia stockThe Motley Fool
•Prediction: Nvidia Stock Will Soar in 2025, and Not Just Because the AI Boom Is Building Steam
83% Informative
Nvidia (NASDAQ: NVDA ) was the single best performing stock in the S&P 500 in 2023 .
It ranks as the fourth -best performing member of the index year to date in 2024 .
Nvidia is once again poised to generate market-beating returns for shareholders in 2025 .
President-elect Trump wants to cut the corporate tax rate.
Nvidia shares are remarkably inexpensive at their current share price of $ 138 , which positions the stock for market-beating returns next year .
Wall Street expects Nvidia 's adjusted earnings to grow 50% over the next year , and the stock currently trades at 52.7 times adjusted earnings.
Nvidia: if you invested $ 1,000 when we doubled down in 2009 , you’d have $ 358,460 !
Right now, we’re issuing “ Double Down ” alerts for three incredible companies.
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