Whether you’re bullish or bearish on Nvidia, there’s one metric you need to consider before making your next move. Historical data since 1990 shows no current S&P 500 company has achieved what Nvidia just did: growing its Last Twelve Months (LTM) Net Income from $4 billion to $42.6 billion in just six quarters. The closest comparison is Ford’s growth from $4.5 billion to $23.1 billion over the same 6-quarters duration from 1996 to 1998. Nvidia’s (CQGR) over the past six quarters stands at an astounding 57.70%, translating to a total growth rate of 875.23%. 57.70% is quarterly rate, not the more common (CAGR). While some might label this explosive growth as a market top or even fraudulent, others see it as the dawn of an extraordinary growth phase that could continue indefinitely. Whatever your stance, keep in mind that Nvidia’s recent performance represents a once-in-a-century phenomenon. submitted by /u/StatQuants |
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