From Nasdaq: 2025-06-15 07:00:00
Investors seek stocks that can double in under five years to outperform the market. Nvidia (NASDAQ: NVDA) turned $10,000 into over $160,000 in the past five years. Nvidia’s future looks bright due to its dominant position in the AI arms race, with data center market share over 90%.
Nvidia’s Q1 2026 revenue surged 69% YoY to $44 billion, with expectations of 50% growth in Q2. Taiwan Semiconductor (NYSE: TSM) is also poised to double within five years with a near-20% CAGR in revenue growth. TSMC trades at 22.9 times forward earnings, making it an attractive investment option.
Both Nvidia and Taiwan Semiconductor are strong picks for doubling in five years, riding on AI-related tailwinds. Consider investing in these companies to capitalize on their growth potential and secure long-term returns. Join Stock Advisor for insights on the top 10 stocks for potential monster returns. Stock Advisor’s total average return is 988%, outperforming the S&P 500 by a wide margin. Check out the latest top 10 list for investment opportunities.
Read more at Nasdaq: Tech Stocks That Could Double by 2030: 2 Easy Choices