27.12.2024 12:00:00
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The Best Stocks to Invest $50,000 in Right Now
If you're going to invest big, it's often a good idea to invest in industry leaders that have solid growth still in front of them. Let's look at a few technology industry leaders that still trade at reasonable valuations, and that should continue to be long-term winners thanks to their wide moats and histories of adaptability and innovation.Nvidia (NASDAQ: NVDA) is the leading designer of the graphic processing units (GPUs) that are powering the artificial intelligence (AI) infrastructure build-out. GPUs were originally designed to speed up graphics rendering in video games and animation, but the company later created its CUDA software platform, which allows customers to program those chips for other tasks. More recently, it added various developer tools and libraries for things such as AI and high-performance computing. This combination of software and hardware helped create the wide moat the company enjoys today. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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