Buy This Stock Before It Turns Into a Top 5G Play
NVIDIA (NASDAQ: NVDA) has been red-hot this year. The graphics specialist has delivered stunning growth in revenue and earnings on account of tremendous demand from the video gaming and data center businesses. The secular growth opportunities in these two markets make NVIDIA one of the top growth stocks to buy right now, as they sent the company's revenue up 84% year over year last quarter to $5.66 billion.
However, another reason why investors should consider loading up on NVIDIA stock is because of the moves it is making in the 5G wireless space, which should give its data center business a huge shot in the arm. NVIDIA has already trained its sights on the 5G market, and its latest announcements indicate that its development efforts are gaining currency with key customers. Let's take a look at how NVIDIA is working its way toward a lucrative opportunity.
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Source Fool.com
