Stocks That Jumped Over 700% in 5 Years and May Outperform the Nasdaq by 2030

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Key Facts on AI Investment and Stock Performance

Nvidia (NASDAQ: NVDA) has seen its shares surge nearly 1,500% since July 2020, with a current revenue increase of 69% year-over-year, driven by demand for its Blackwell computing system for AI. The company reported $77 billion in net income on $148 billion of revenue, yielding a margin of 51%. Analysts predict Nvidia’s revenue and adjusted earnings will grow at an annualized rate of 20% through 2030.

Broadcom (NASDAQ: AVGO) has also benefited from the increasing demand for AI infrastructure, with its stock rising 762% over the last five years. The company reported a 25% year-over-year revenue increase last quarter, with AI chip revenue increasing by 77%. Broadcom expects its free cash flow to reach $64 billion by fiscal 2029, with a compound growth rate of 27%.

The Nasdaq Composite index has doubled over the past five years, but Nvidia and Broadcom have outpaced this growth. Both companies are well-positioned to capitalize on the ongoing rise in AI technology, suggesting a continued upward trend in their stock performance.

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