Uncover the financial narrative of a key player in the AI chip market. Does AMD's stock hold untapped potential in the long run? And did you miss the AI bus yet?
Don't tell that to the users of Robinhood Markets (NASDAQ: HOOD), a stock trading platform popular with retail investors. Using Robinhood's users as inspiration, I would consider buying and holding these three popular stocks for the long haul. Microsoft (NASDAQ: MSFT) has evolved and grown for decades, a rare feat for many companies in an industry where competition and technological advancements constantly threaten.
Perhaps the hottest question in technology investing circles today is whether Nvidia's (NASDAQ: NVDA) eye-popping growth and margins displayed over the course of the past two quarters is sustainable. If artificial-intelligence (AI) accelerators grow at a 50% annualized growth rate for the next five years as some think, Nvidia's stock may actually be cheap. At a recent industry conference, Lisa Su, the CEO of Nvidia competitor Advanced Micro Devices (NASDAQ: AMD), said of Nvidia's AI moat, "I'm not a believer in moats when the market is moving as fast as this."