2 Stocks With Serious Competitive Advantages
One of the tenets of successful long-term investing is betting on companies that enjoy durable competitive advantages. These competitive advantages come in many forms, but the result is the same: An edge that allows the company to outpace the competition and potentially generate outsize profits.
Two companies that enjoy significant competitive advantages are Nvidia (NASDAQ: NVDA) and Unity (NYSE: U). Here's why these stocks should stand out to investors.
Graphics chip company Nvidia has run away with the market for AI accelerators. Its market share is estimated as high as 95% despite increasing competition from , Intel, and others. Nvidia's most powerful AI chips cost tens of thousands of dollars each, a price customers are happy to pay as they race to satisfy soaring demand for AI computing capacity.
Source Fool.com
Advanced Micro Devices Inc. Stock
With 80 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 176 € shows a positive potential of 36.5% compared to the current price of 128.94 € for Advanced Micro Devices Inc..
