If you’re new to investing, building a portfolio from scratch can seem overwhelming. One great stock to consider for your portfolio is Nvidia (NVDA).

Nvidia is a global leader in visual computing technologies and is credited with inventing the graphics processing unit (GPU). Although initially focused on PC graphics, the company has since expanded its offerings to include artificial intelligence (AI) solutions that support high-performance computing (HPC), gaming and virtual reality (VR) platforms.

One of the reasons why Nvidia is such a great stock to consider for your portfolio is because of its solid track record of beating earnings estimates. With an average surprise of 20.2%, investors can benefit from potential price momentum when this company releases its earnings report.

Analysts are predicting Nvidia’s earnings growth of 83.6% for the current fiscal year. Given that stock prices tend to react to changes in earnings estimates, investing in a stock like NVDA from the Focus List can be a lucrative opportunity. By choosing a company with a positive outlook for future earnings, you can benefit from potential price momentum and increase your chances of achieving long-term success in your investment portfolio.

For the latest recommendations from Zacks Investment Research, you can download the top 7 stocks for the next 30 days by clicking on this link and accessing a free report on NVIDIA Corporation (NVDA).

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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