3 Cool New Products That Should Help Power NVIDIA Stock Higher
"NVIDIA (NASDAQ: NVDA) is firing on all cylinders," CEO Jensen Huang said in the graphics processing units (GPU) specialist's Wednesday release of its fiscal third-quarter 2021 results.
That statement isn't the type of hyperbole that regularly flows out of the mouths of top executives of publicly traded companies. It's an accurate description of NVIDIA's recent financial performance, which featured Q3 year-over-year sales and adjusted earnings per share jumping 57% and 63%, respectively.
Moreover, the technology powerhouse has recently launched or announced a slew of entirely new innovative products that should keep its financial performance firing on all cylinders into the foreseeable future. This, in turn, should keep powering its stock, which has gained 123% in 2020 through Nov. 20. Below are three new products investors should know about.
Source Fool.com
