Cathie Wood: Nvidia Is Still a High-Growth Stock
Nvidia is still a high-growth stock, according to ARK Invest's Cathie Wood. The company's stock could still be a 20% compound grower, even if margins compress due to new AI chip competition from AMD and Amazon. Wood thinks the market won't be Nvidia's alone, but all praise to Nvidia for the incredible opportunities it has created.
- This optimistic outlook on Nvidia highlights the resilience of a company that has already faced significant challenges in the AI revolution.
- Can Cathie Wood's confidence in Nvidia translate to long-term success, or is her bet on the company a classic case of "be careful what you wish for"?