Better Buy: CalAmp Corp. vs. NVIDIA
Investors looking to get in on some of the latest tech trends would be wise to consider NVIDIA Corporation (NASDAQ: NVDA) and CalAmp (NASDAQ: CAMP). NVIDIA makes most of its money from selling graphics processors in the gaming market (mainly for PCs), but it's also using its chips to lead the way in artificial intelligence and driverless cars. Meanwhile, CalAmp is a pure-play on the burgeoning Internet of Things market and its hardware and software connect industrial equipment to the internet like never before.
While both companies are betting on growing tech trends, it's worth looking at each company's financial situation, competitive advantage, and valuation to figure out which is the better stock right now.
Image source: Getty Images.
Source: Fool.com
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