This Is the Hottest Growth Stock to Buy Right Now

NVIDIA (NASDAQ: NVDA) investors have been laughing all the way to the bank over the past couple of years, with share prices of the graphics card specialist rising over 240% on the back of tremendous growth in its video gaming and data center businesses.

This year is unlikely to be any different given NVIDIA's latest results and guidance. The company looked all set to deliver blowout numbers in the fourth quarter of fiscal 2021, and it did. Revenue and earnings soared big time and bested consensus estimates by huge margins. What's more, NVIDIA delivered outstanding guidance for the current quarter that calls for 72% revenue growth over the prior-year period to $5.3 billion, crushing Wall Street's estimate of just $4.51 billion.