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Time to Buy This AI Mega Stock? Zacks Member, NVIDIA is reporting earnings after market close. This is worth noting because the company has beaten earnings 9 out of the last 10 quarters. During that time its stock price shot up +111%. In fact, it has gained +900% since I added it to one of my Zacks portfolios less than 4 years ago.¹ And I still think it's a sound investment. So should you buy NVIDIA now? Wait. Semiconductors are still in rampant demand. According to Fortune Business Insights, global chip manufacturing is on the move, priming to grow from $452 billion in 2021 to $803.2 billion by 2028. But… NVIDIA is now a trillion-dollar company and not likely to jump another +900%. Today, I'm recommending a semiconductor stock that has much more room to grow. This little-known small-cap is only a fraction of the size of NVIDIA and, as of now, it's priced under $10 per share. It holds 18 U.S. patents with 5 pending, and 3 international patents with 2 pending. It's poised for a huge year with strong earnings growth, an explosive move in one of its divisions, and the addition of a new software model that creates another new revenue stream. Earnings estimates are rising and the customer base is expanding – and I'll tell you all about it in my Special Report, One Semiconductor Stock Stands to Gain the Most. Your cost? Exactly $1. And that same dollar buys you 30-day access to all of the picks from all our private portfolios. There's not a cent of further obligation. So please be sure to click below right now. This $1 opportunity is restricted – ONE DAY ONLY. It begins and ends Wednesday, August 23 – tonight. All the Best,
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¹ The results listed above are not (or may not be) representative of the performance of all selections made by Zacks Investment Research's newsletter editors and may represent the partial close of a position. This free resource is being sent by Zacks.com. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms of Service". https://www.zacks.com/terms_of_service Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research is not a licensed securities dealer, broker or US investment adviser or investment bank. The Zacks #1 Rank Performance covers the period beginning on January 1, 1988 through July 3, 2023. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank #1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance_disclosure for information about the performance numbers displayed above. Zacks Emails Zacks Investment Research |
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