June 30, 2024

News Collective

Complete New Zealand News World

The Wall Street Firm That Dwarfs Nvidia’s Stellar Growth

The Wall Street Firm That Dwarfs Nvidia’s Stellar Growth

Although investors are focusing on the AI ​​company, there is one company that is still growing faster and rising in the stock market.

For some time now, investors have had their eyes on this region. NvidiaIts market value exceeds three trillion dollars and competes with Manzana And Microsoft As the most valuable company in the stock market. According to analysts, its growth Revenue in the second quarter will be 109.9% and accumulate a Stock market revaluation in the year more than 160%.

But there is a company

For some time now, investors have had their eyes on this region. Nvidia. Its market value exceeds three trillion dollars and is competitive Manzana And Microsoft As the most valuable company in the stock market. According to analysts, its growth Revenue in the second quarter will be 109.9% and accretive to Stock market revaluation in the year more than 160%.

But there is one company in the S&P 500 that will do better than the AI ​​king.

Super micro computer The second quarter could close with Revenue growth of 142.3%According to an analysis by Investors Business Daily. He is Highest revenue growth of the entire S&P 500.

But Super Micro Computer won’t just beat Nvidia in revenue growth this quarter. So far this year, the San Jose (California) company founded by Charles Liang has done just that The stock market has revalued this year by more than 190%..

These figures contrast with growth expectations in The S&P 500 as a whole, which is up 4.6%.According to Factset.com.

See also  Closing value of the dollar in Costa Rica on May 16 from the US dollar to the CRC

Not all stocks that will see strong revenue growth this quarter are in the AI ​​and semiconductor sectors. Analysts expect energy company Onuk Growing by 60.1%, while real estate grows Extra storage space Your income can increase by 58.4%.