3 Better Stocks for the Long Term Than Nvidia
Nvidia has performed amazingly over the past year. Since the start of 2023, it has risen an amazing 520%. However, that's not surprising for a cyclical company like Nvidia.
Nvidia sells a product once and then must sell another to continue driving sales. This can lead to a boom-or-bust environment. While this has worked for many companies for hundreds of years, it's not as repeatable as a subscription model.
So if you're looking for stocks for the long term, consider these three that are riding the same wave as Nvidia.
Source Fool.com