Why Nvidia’s future still looks bright after 1,300% returns in the past 5 years

WWhen it comes to investment rules, Motley Fool analysts Brian Feroldi and Brian Stoffel have no hard and fast rules that can never be broken. That being said, both are very skeptical of companies that rely on one-time purchases and represent technologies that can quickly become mainstream.

This is why the two have long moved away from the graphics chip maker. Nvidia (NASDAQ: NVDA). But when they spent an hour immersing themselves in the business, they were pleasantly surprised. And even though the company’s shares have jumped more than 1,300% in the past five years, both now believe there could be significant upside potential going forward. The potential of quantum computing alone, for example, could justify today’s stock price.

So far, neither has put any stocks in their personal portfolios. But if you want the eight-minute recap of why they changed their view of the business, watch the video below.

10 stocks we like better than Nvidia
When our award-winning team of analysts have stock advice, it can pay off to listen. After all, the newsletter they’ve been running for over a decade, Motley Fool Equity Advisor, has tripled the market. *

They just revealed what they think are the top ten stocks investors can buy right now … and Nvidia was not one of them! That’s right – they think these 10 stocks are even better buys.

See the 10 actions

* The portfolio advisor returns on August 9, 2021

Brian Feroldi has no position in the stocks mentioned. Brian Stoffel has no position in the stocks mentioned. The Motley Fool owns shares and recommends Nvidia. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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