Nvidia and One Other Stock Could Earn Big over the Long Term for Investors
Already this year, Nvidia (NVDA) has proven that it is a sound investment with gains of 195% so far and it is still climbing. There is potential for this stock to go much higher next year.
The AI market is not going anywhere at the moment, so there is a need for what Nvidia is selling. As a computer graphics processor manufacturer, the company has many clients within the AI industry- with everyone from Google to Facebook wanting to get in on the AI market in some form or fashion. Nvidia simply has one of the most powerful and reliable processing units for AI-powered programs.
The company is not completely future proofed, as there is risk of legislation against the use of AI tools, and the AI market is still relatively new and could disappear in a couple years, if interest wanes. However, it does not look like anything will slow down this technology niche for now, so Nvidia seems to be a safe bet.
The stock is priced reasonably well for now, but the AI market is extremely speculative. Many companies are paying billions to implement AI and are not seeing the returns on their investments yet. If they notice in a year or so that they have not earned back that money, they may leave the market behind.
Nvidia is set solidly for the future, though, with guidance for the next year that factors in the kind of industry shifts that could affect its bottom line. They have even begun to invest in other AI-focused companies, diversifying their portfolio.
Luckin Coffee Set to Grow in 2025
Luckin Coffee (LKNCY) is a Chinese coffee chain that fell somewhat this year, dropping from a stock price of $26.25 at the beginning of the year to today’s price of $23.15. However, the coffee brand is up by 3.95% today and is benefiting from excitement around the opening of stores in the United States.
If those locations do well, then the company could potentially grow extremely well in 2025. The company’s net revenue for the year was $145 billion, which is an increase of 41% form the previous year. They could see even greater growth this coming year, and we would mark them as a stock to watch.
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