If you are looking to invest in potential stocks from the semiconductor space, you can’t ignore NVIDIA NVDA.
For the past two years, NVIDIA has been impressing investors with its stellar performance, wherein the company’s quarterly revenues have been advancing at a rate more than 50%, earnings have tripled and shares have displayed more than six-fold growth, consequently.
Moreover, in the year so far, the stock has rallied 26.9% as against growth of 1.4%, 8.1% and 8.3% recorded by the S&P 500, iShares PHLX Semiconductor ETF (SOXX) and Technology Select Sector SPDR ETF (XLK), respectively.