Reported 11 months ago
According to Zacks, NVIDIA (NVDA) is recommended as an exceptional growth stock pick for investors due to three key reasons. The company has a favorable Growth Score and a top Zacks Rank, indicating strong growth prospects. Factors like high earnings growth rate, significant cash flow growth, and promising earnings estimate revisions contribute to its attractiveness for growth investors. NVIDIA's forecasted EPS growth of 106.6% this year surpasses the industry average, while its year-over-year cash flow growth of 303.7% outperforms its peers. Furthermore, positive upward revisions on earnings estimates add to its potential for outperformance. Overall, NVIDIA presents a compelling case for growth investors looking for promising stocks.
Source: YAHOO