Investing in Growth Stocks: Nvidia and Veeva Systems
Investors are turning their attention to growth stocks like Nvidia and Veeva Systems amid market volatility. Nvidia (NASDAQ: NVDA) has surged 83% over the past year, with fiscal year 2026 revenue reaching $215.9 billion, a 65% year-over-year increase. The company anticipates approximately $1 trillion in purchase orders for its upcoming AI chip, Vera Rubin, through 2027.
Meanwhile, Veeva Systems (NYSE: VEEV) reported fiscal year 2026 revenue of $3.2 billion, up 16% from the previous year, and earnings per share rose 26% to $5.44. With 15 of the top 20 biopharma companies as clients, Veeva maintains a dominant position in the life sciences sector and has identified a $20 billion addressable market for growth. Shares of both companies are trading at approximately $200 for Nvidia and $155 for Veeva, allowing a $500 investment in either to acquire multiple shares.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
