Got $1,000? 2 Top Growth Stocks to Buy Now

For most Americans, an extra $1,000 would be used to pay off some bills or finance a nice vacation. But if you put that money in the stock market, it could help set the stage for impressive long-term returns. Let's discuss the pros and cons of Nvidia (NASDAQ: NVDA) and Luckin Coffee (OTC: LKNC.Y) and  decide whether their stocks are good buys. With shares up by a whopping 179% year to date, Nvidia has been one of 2024's top performers as it continues to dominate the generative artificial intelligence (AI) industry. Operating results continue to soar, and there are no signs that the company will lose its dominant position any time soon.Earnings for the third quarter of fiscal 2025 were yet another slam-dunk for the chipmaker. Revenue jumped 94% to $35.1 billion, driven by continued demand for its advanced graphics processing units (GPUs), which are used to run and train AI algorithms. The company is expected to maintain its phenomenal growth rate through new product releases, such as Blackwell, a new family of GPUs designed to boost speed and efficiency for AI workloads.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool