NVIDIA's hyperfast GPUs became a data center necessity during the pandemic. NVIDIA, the largest and fast-growing semiconductor innovator in the US, has been a stock market star in recent years, skyrocketing over 500% in the past 3 years alone (despite its recent decline) as this GPU pioneer and its visionary leader, Jensen Huang, take the prolifically advancing chip sector by storm. Analysts' estimates have gone nowhere but up propelling NVDA into a Zacks Rank #1 (Strong Buy), and is now trading its lowest forward P/E since the pandemic capitulation (below 40x). NVDA is a must-have for every portfolio's innovation allocation and the -35% markdown from the all-time high it hit 6 months ago presents an excellent buying opportunity. NVIDIA's revolutionary CEO, Jensen Huang, and his constant disdain for the status quo have driven his company to greatness, with every new market-disrupting innovation that this leading chipmaker releases (each sequential product/service release generating faster & greater improvements than the last) captivating the spirit of the next generation.
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