Meet the Monster Stock That Continues to Crush the Market
Monster stocks are often those of companies that have been around for many years, delivering a long track record of revenue growth and boatloads of profit. And they've reached market value into the trillions of dollars. You may think of names like Nvidia or Amazon, with market values of $3.8 trillion and $2.3 trillion, respectively, and they indeed fit the bill.But a monster stock also can be a newer player that's delivering outsize growth -- and has demonstrated potential to keep this growth going. One in particular is a great example, as it's carved out a key position in the high-growth market of artificial intelligence (AI), and in the first quarter reported a revenue increase of more than 400%. Stock performance has followed, with the shares delivering a mind-boggling 300% gain since their market debut three months ago. That's compared with a 12% increase for the S&P 500. Now, let's meet this monster stock that's crushing the market.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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