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top stocksThe Motley Fool
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82% Informative
Nvidia (NASDAQ: NVDA ) makes the essential computing hardware that's required for processing and training sophisticated AI models in data centers.
Nvidia has virtually cornered the market for AI accelerators, or graphics processing units (GPUs), which has driven Nvidia 's revenue growth to triple-digit rates and driven tremendous returns for shareholders.
Facebook and Instagram owner Meta Platforms is another fast grower that could significantly outperform its Magnificent Seven peers.
Meta Platforms' forward P/E of 23 , based on next year's earnings estimate, is one of the lowest of the Magnificent Seven.
Assuming Meta meets these earnings estimates, the stock could double investors' money within four years .
The stock could also outperform the broader market.
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