Why This One Stock Could Bring Life-Changing Returns
NVIDIA (NASDAQ: NVDA) has a record of outstanding growth, and with its share price close to all-time highs, some investors may be thinking it is already too late to get in. But looking at the company's potential for long-term growth brings NVIDIA's valuation into perspective.
The company's core business is divided into four segments: gaming, data center, professional visualization, and automotive. All are high performers in their fields, providing NVIDIA with a strong, diversified business.
NVIDIA started in the gaming graphics business, producing the revolutionary GeForce gaming platform, which currently has more than 200 million users. While the gaming segment still reports the highest revenue share, its three-year compound annual growth rate (CAGR) is a relatively low 11%.
Source Fool.com
