NVDA – Revenue 10.73B
Nvidia Corporation is an American technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on chip units (SoCs) for the mobile computing and automotive market. Its primary GPU product line, labeled “GeForce”, is in direct competition with Advanced Micro Devices’ (AMD) “Radeon” products. Nvidia expanded its presence in the gaming industry with its handheld Shield Portable, Shield Tablet, and Shield Android TV.
It’s always good to have some lots of NVDA in your portfolio. Company is a leader of its industry and have the potential to hit $250 per share in 1 – 1,5 year. How could we forget about the banking sector?
JPM – Revenue 69.36B.
J.P. Morgan Chase & Co. is an American multinational investment bank and financial services company headquartered in New York City. JPMorgan Chase is the largest bank in the United States and is ranked by S&P Global as the sixth-largest bank in the world by total assets as of 2018, to the amount of $2.535 trillion. It is the world’s most valuable bank by market capitalization.
BAC – Revenue 57.07B.
The Bank of America Corporation is an American multinational investment bank and financial services company based in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Bank of America was formed through NationsBank’s acquisition of BankAmerica in 1998. It is the second-largest banking institution in the United States, after JPMorgan Chase. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth management, and investment banking.
These banks will survive even in bad times. They are the basis of the banking system. But as you already know we have time till that time comes lol Coming 2 years + will be good for these stocks and should give nice returns. Besides, you get dividends as a shareholder.
4 stocks to buy for long term investments by Inna Rosputnia