/Why Nvidia’s Future Still Looks Bright After 1,300% Returns Over the Past 5 Years (via Qpute.com)
Why Nvidia's Future Still Looks Bright After 1,300% Returns Over the Past 5 Years

Why Nvidia’s Future Still Looks Bright After 1,300% Returns Over the Past 5 Years (via Qpute.com)


When it comes to investing rules, Motley Fool analysts Brian Feroldi and Brian Stoffel don’t have any hard-and-fast ones that can never be broken. That being said, both are highly skeptical of companies that rely on one-off purchases and represent technologies that can quickly become commoditized.

That’s why both have long shied away from graphics chipmaker Nvidia (NASDAQ:NVDA). But when they spent an hour diving into the company, they were pleasantly surprised. And even though the company’s stock has surged over 1,300% in the past five years, both now believe there could be significant upside potential moving forward. The potential in quantum computing alone, for example, could justify today’s stock price.

As of yet, neither has put shares in their personal portfolios. But if you want the eight-minute summary of why they changed their outlook on the company, watch the video below.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.




This is a syndicated post. Read the original post at Source link .