AI Stocks Boost S&P 500
This is a news story, published by Yahoo Finance, that relates primarily to NVDA news.
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•3 Supercharged Growth Stocks Up 302% to 775% in 2 Years to Buy Now, According to Wall Street
85% Informative
Nvidia (NASDAQ: NVDA ) shares advanced 775% during the last two years .
Super Micro Computer (NASdaq: SMCI) and Royal Caribbean Cruises ( NYSE : RCL ) also advanced 302% .
Wall Street expects more gains from all three growth stocks.
In November 2022 , Royal Caribbean outlined the Trifecta Program , a three-year financial initiative meant to return the company to pre-pandemic strength.
Wall Street expects Royal Caribbean's adjusted earnings per share to grow of 19% annually through 2026 .
That estimate makes the current valuation of 16.3 times adjusted earnings look reasonable, but not cheap.
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