2 Stocks With Mind-Boggling Earnings Growth
Earnings are key in investing. Sure, not all companies regularly report profits. Even more, some companies lose money consistently. But at the end of the day, the intrinsic value of any stock is equal to the present value of future earnings. For more speculative stocks, profits could be just around the corner or even years away -- or they could never come at all. However, some companies have already proven their earnings potential to investors. Better yet, every now and then a company comes along that can grow its bottom-line at downright monstrous rates.
Two of these earnings-growth machines are Facebook (NASDAQ: FB) and NVIDIA (NASDAQ: NVDA). Here's a look at what's driving profits at each of these companies, and what to expect from their earnings growth in the coming years.
Company
Source: Fool.com
Meta Platforms Inc. Stock
With 8 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a current price of 508.0 € Meta Platforms Inc. is right around the predicted target price of 510 €.