Meet the Supercharged Growth Stock Poised to Hit $7 Trillion by 2027, According to 1 Wall Street Analyst

The market has been climbing a wall of worry in recent months, as talk of a bubble in artificial intelligence (AI) has spooked some investors. The truth, however, is much more complicated. The reality is that the adoption of AI has faced tough comps stemming from blistering early sales, leading to decelerating growth rates. That, combined with the natural ebb and flow of new technology adoption, has sown the seeds of doubt. Yet, taking a step back, the results are still robust by any measure.Nvidia (NASDAQ: NVDA) is a prime example. The company pioneered graphics processing units (GPUs), chips that provide the computational horsepower that underpins AI training and inference. Absolute demand for these AI accelerators remains high, but the relative growth rate has moderated.The company's recent quarterly report was panned by investors, but Nvidia's consistently strong performance reveals a clear path for it to become a charter member of the $7 trillion club. Let's dig into the results and what it will take for the stock to reach these rarified heights.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool