NVIDIA Corporation (NASDAQ:NVDA ) is in the enviable position of supplying components to some of the fastest growing industries in the world - including gaming, cloud computing, artificial intelligence, visualization, and cryptocurrency mining. With a market value of $538 billion, Nvidia is the 11th most valuable company listed on US markets, and on the verge of overtaking TSMC as the most valuable semiconductor manufacturer.
Wall Street is getting increasingly worried about a stock market crash. Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) are two such stocks that investors may consider buying hand over fist amid the ongoing correction. Trading at 28.5 times trailing earnings, Apple is trading at a discount to the S&P 500's earnings multiple of 31.
We have narrowed down our search to five U.S. corporate behemoths that have strong growth potential for the rest of 2021. These are: AAPL, MSFT, NVDA, DHR and COST.