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Technology Stocks : Investing in Exponential Growth
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From: Frank Sully11/7/2021 4:15:32 PM
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NVIDIA is my favorite exponential growth stock. The CAGR of NVIDIA's GAAP operating income over the last half dozen years is 38.7%. NVIDIA has transformed itself from a graphics chip company to an AI chip and AI and Robotics software company. AI, AI chips and AI & Robotics are all fields which are projected to grow at about a 40% CAGR over the next five years. I predict that NVIDIA will continue to grow at a 38.7% CAGR rate over the next five years, growth by five-fold over this time.

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