Red-Hot Nvidia Now Best for Long-Term Investors

I’ve got to take my hat off to Nvidia (NVDA) . As of yesterday’s close, the stock was up 219% this year. Yesterday NVDA tacked on nearly 3.5% as Goldman Sachs (GS) added the shares to its Conviction Buy list. Here’s a chart of NVDA’s steady and impressive climb this year. NVDA has long been known as a leader in graphics processors and those looking for video editing or gaming have often ticked the NVDA option to supercharge those capabilities. Recently NVDA’s earnings have been surging as these chips have found new markets in machine learning and artificial intelligence as well as self-driving cars. Next year I’m going to try to identify more trading candidates with the potential for explosive moves. In NVDA’s case, the stock broke out from an…

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