Nvidia Stock a Tech Pick for Growth

Below is an important message from our trusted sponsors Nvidia (NASDAQ: NVDA) is one of the world's largest chipmakers. It is a major producer of graphics, server, deep learning, AI, and electric vehicle chips. The company's stock is ready for growth. Stock in Nvidia is down -27.72% in the year so far. Factors like high inflation and global supply shortages have affected the company. But long term, this one is ready for a comeback. The stock is a bargain compared to its all-time high six months ago. The average analyst target of $333.48 suggests a big return on today's price of $212.17. Confidence comes from a few factors. Nvidia controls a large share of the graphics chip market, with 83% of all graphics cards sold. Its hardware is also used extensively in data centers. The company's technology for AI and deep learning put it in an enviable position. Gross income increased by 68% in the most recent fiscal year. With continued strong sales, the current year is likely to produce more growth. With an EBITDA margin of 44.03%, the company is profitable, ensuring that it can sustain high inflation. For its price upside potential and established position in the chip market, this is one of the best stock picks in April. Want to make better picks with more growth? These strategies will take you further in 2022. --------------------------------------------------------------- sponsored ads below It’s Trading For Less Than $10 a Share. Bill Gates is predicting that a breakthrough in this technology could be “worth 10 Microsofts.” And Google’s CEO has praised it as more important than electricity. [Learn more.]( --------------------------------------------------------------- HUGE Problem With EV Industry Over the past 10 years many incredible EV companies have erupted. But investing in the most popular stocks might not be the right move. 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