Nasdaq NVDA Nvidia

Fool.com contributor Parkev Tatevosian highlights six of his favorite growth stocks for long-term investors to buy now.

Taking market share is crucial for companies and their stocks as a large market cap has numerous advantages.

Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc have agreed to invest in the chip designer's initial public offering, according to people familiar with the matter.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc are set to invest in the chip designer's initial public offering, according to people familiar with the matter.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Tech stocks were higher late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.1% and the Philadelphia Semiconductor index adding 0.3%.

Much to investors' surprise, stocks managed to string together several days' worth of wins to close out the final trading week of August. A rebounding tech sector was the driving force behind much of this week's surge for all three indexes, as well as a series of jobs and inflat

Growth stocks have the potential to outperform the broader market in the long term. One method of identifying such stocks is by examining their revenue and earnings growth rates. Typically, growth stocks exhibit higher growth rates compared to the industry average. Using TipRanks' Stock Screener, we have shortlisted five growth stocks that have received Strong Buy ratings from analysts and whose price targets reflect an upside potential of more than 10%. Also, they carry Outperform  Smart Scores (i.e., 8, 9, or 10) on TipRanks. Lastly, these companies’ revenues have witnessed a compound annual growth rate of over 10% in the past three years. Here are the five key stocks that investors can consider. Enterprise Products Partners ( NYSE:EPD)  – The midstream natural gas and crude oil pipeline company’s price forecast of $32.63 implies nearly 23% upside potential from the current levels.  The company’s revenue has grown at a three-year CAGR of 21.4%. Nvidia ( NASDAQ:NVDA)  – The chip giant’s price forecast of $636.62 implies nearly 29% upside potential. NVDA’s revenues have witnessed 35.8% three-year CAGR. Following Nvidia’s second-quarter results on August 23, more than 30 analysts rated the stock a Buy.   Mercadolibre ( NASDAQ:MELI) – Mercadolibre operates online marketplaces for e-commerce and online auctions. The stock’s average price target implies upside potential of 16.2%.  Its revenues increased at a CAGR of 62.9%. Amazon ( NASDAQ:AMZN)  – The e-commerce giant’s price forecast of $175.63 implies 27.3% upside potential from the current levels. The company’s revenue has grown at a CAGR of 18.7%. Alphabet ( NASDAQ:GOOGL)  – The multinational technology conglomerate is widely known for its search engine, Google. The stock has upside potential of 10.7% based on its average price target of $150.67, and its  top-line numbers have grown at a CAGR of about 20.4%. GOOGL stock received five Buy ratings in the past two days after Alphabet announced an AI-related partnership with Nvidia.   Disclosure

Tech stocks were higher Friday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the Philadelphia Semiconductor index adding 0.4%.

Stocks kicked off the first trading day of September on Friday in mixed fashion, as the major indexes staggered between slight gains and losses in the early going.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Alphabet’s GOOGL Google is making efforts to strengthen its cloud segment on the back of innovative products.This is evident from its latest move of making its much-awaited A3 virtual machines (VM) generally available from this mo

September has historically been the worst month for U.S. stocks. Here's what investors need to watch right now - including one critical catalyst that's the most potent risk for stocks right now.

The artificial intelligence (AI) frenzy is driving many tech stocks sky-high this year. The closer a company is to the epicenter of the machine-learning trend, the faster its stock soars. For example, Advanced Micro Devices (NASDAQ: AMD) designs microchips for the specific purpos

Juniper Networks, Inc. JNPR announced that Savant Systems, a leader in smart home and energy solutions, will leverage its AI-driven enterprise solutions to enhance the home automation experience. Juniper will offer a wide range of

Broadcom shares fell nearly 5% on Friday as the semiconductor maker's quarterly revenue forecast fell short of investors' lofty expectations following bigger rival Nvidia's AI-powered blockbuster results.

U.S. stock ended mostly lower on Thursday, making August the worst trading month of 2023 as the Fed’s closely-watch inflation gauge came largely in line with expectations for July. Investors are now awaiting August’s jobs report w

After more than a decade of rapid cloud-computing growth, 2023 has finally been the year the industry has slowed a bit. Companies are in cash conservation mode, and they're finding far less use for new subscription-software services than in the recent past.

Cryptocurrencies rebounded in 2023 on a plethora of favorable news after a disappointing 2022. Recently, this space got a boost from a few good developments. These are likely to support the crypto markets for the rest of this year