Missed Out on "Magnificent Seven" Names Like Nvidia? This Stock Could Be Poised to Take Off.

Chip company Nvidia has been the toast of investors' portfolios. Shares are up a whopping 500% since the start of 2023 when artificial intelligence (AI) broke onto the scene with the rise of ChatGPT. Sadly, it's hard to see Nvidia's stock replicating that 500% return over 15 months again anytime soon, so investors looking for a grand slam might need to look elsewhere.

There's a lot to like about UiPath (NYSE: PATH) that could fit the stock into the pre-hype Nvidia mold. The software company is a leader in a growing field, but analysts seem to be underestimating its long-term potential.

Here is what you need to know.

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Source Fool.com