Why the growth investor may take a look at NASDAQ:NVDA.

In this article we will dive into NVIDIA CORP (NASDAQ:NVDA) as a possible candidate for growth investing. Investors should always do their own research, but we noticed NVIDIA CORP showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Key Considerations for Growth Investors.

• In terms of Return on Equity(ROE), NVIDIA CORP is performing well, achieving a 56.78% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• NVIDIA CORP has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• NVIDIA CORP has demonstrated strong 1-year revenue growth of 57.07%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
• The quarter-to-quarter (Q2Q) revenue growth of 206.0% of NVIDIA CORP has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• With positive growth in its operating margin over the past year, NVIDIA CORP showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• The free cash flow (FCF) of NVIDIA CORP has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• The quarterly earnings of NVIDIA CORP have shown a 593.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The average next Quarter EPS Estimate for NVIDIA CORP has experienced a 46.47% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• The quarterly earnings of NVIDIA CORP have shown a 593.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The earnings per share (EPS) growth of NVIDIA CORP are accelerating: the current Q2Q growth of 593.0% is above the previous year Q2Q growth of -50.43%. Earnings momentum and acceleration are key for high growth systems.

A complete fundamental analysis of NASDAQ:NVDA

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to NVDA. NVDA was compared to 105 industry peers in the Semiconductors & Semiconductor Equipment industry. While NVDA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NVDA is growing strongly while it is still valued neutral. This is a good combination! These ratings could make NVDA a good candidate for growth investing.

Check the latest full fundamental report of NVDA for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.