2024-07-28 04:44:00 ET
Nvidia (NASDAQ: NVDA) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) delivered what can only be described as monster returns for shareholders over the last five years. The stocks surged 2,490% and 195%, respectively, while the S&P 500 (SNPINDEX: ^GSPC) advanced a mere 80%.
Better yet, that outperformance could continue in the coming years. Nvidia and Alphabet should benefit as businesses invest in artificial intelligence infrastructure, so much so that they could join Microsoft and Apple as members of the elite $3 trillion club in the near future.
Here's what investors should know.
For further details see:
2 Monster AI Growth Stocks to Buy Before They Join Microsoft and Apple as $3 Trillion Companies