Prediction: This Biotech Stock Will Outperform Nvidia in the Second Half of the Year
Viking Therapeutics(VKTX) The Motley Fool·2024-09-05 10:05
Nvidia is heading for a 118% gain this year. Nvidia (NVDA -1.66%) is a tough one to beat when it comes to share-price performance. The technology giant has seen its shares soar 2,500% over the past five years, and this year, it's heading for a 118% increase. There's a good reason for this incredible run. Nvidia dominates one of today's biggest growth areas -- the artificial intelligence (AI) chip market -- holding an 80% share. As a result, Nvidia's earnings have been climbing in the triple digits to new re ...