Why NASDAQ:NVDA qualifies as a high growth stock.

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.

A Deep Dive into NVIDIA CORP's Growth Metrics.

• With a favorable Return on Equity (ROE) of 69.24%, NVIDIA CORP demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• NVIDIA CORP has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• With impressive 1-year revenue growth of 126.0%, NVIDIA CORP showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• NVIDIA CORP has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 265.0%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• NVIDIA CORP has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• 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.
• NVIDIA CORP has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 486.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• NVIDIA CORP has seen a 17.31% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• The quarterly earnings of NVIDIA CORP have shown a 486.0% 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
• NVIDIA CORP shows accelerating EPS growth: when comparing the current Q2Q growth of 486.0% to the previous year Q2Q growth of -33.33%, we see the growth rate improving.

Fundamental Analysis Observations

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

NVDA gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. NVDA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NVDA is growing strongly while it is still valued neutral. This is a good combination! With these ratings, NVDA could be worth investigating further for growth and quality investing!.

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

Our Lois Navellier screen will find you more ideas suited for growth investing.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.