Better Buy: NVIDIA vs. Qualcomm

It's been a volatile year for both NVIDIA (NASDAQ: NVDA) and Qualcomm (NASDAQ: QCOM). Both companies have faced challenges, and yet they've still been performing very well so far in 2019, with Qualcomm up 39% year to date and NVIDIA up 47%. However, both companies are facing challenges that investors should consider before making an investment decision. Let's take a closer look at which of these two stocks is the better buy today.

Last year was a tough one for NVIDIA, as the stock fell more than 33%. The company got involved in cryptomining and it didn't end up paying off in the end, with sales for the segment suddenly not looking so good anymore. Not being as exposed to crypto in 2019, NVIDIA's stock has been able to recover and it has made up for those losses, but how much higher the stock will rise will depend on how well the company will be able to address concerns about its growth.

While NVIDIA beat earnings and revenue expectations in its most recent quarterly results, the bigger issue is that revenue is down from where it was a year ago. In particular, the gaming segment, which is a big part of NVIDIA's business, has not been performing well of late.

Source Fool.com