Broadcom & NVIDIA: Leading Profitable AI Stocks for September
Key Takeaways Broadcom posted Q3 earnings beat and projects strong Q4 revenues on AI accelerator demand.AVGO holds a 12-month net profit margin of 31.6%, reflecting solid profitability. NVIDIA reported Q2 gains from data center GPU sales, with a 52.4% net profit margin.Investors should search for profitable companies that produce strong returns after covering all operating and non-operating expenditures. Therefore, it’s sensible to invest in a profitable company rather than one that is losing money. Here, ...