Nvidia is one of the strongest stocks for 2022
With the rise of technology, Nvidia(NVDA) has become a driving force in the chip-making industry. They are known for their graphic processing units(GPUs) and system on chip units. The rise of gaming and crypto mining has helped Nvidia grow because the chips that they produce are in high demand in these growing industries. Since esports is becoming more popular among Gen Z individuals, Nvidia will continue to feel its impact by seeing consistent revenue increases. Similarly, the rising popularity of cryptocurrencies such as Bitcoin and Dogecoin has attracted individuals to mine their own bitcoin in hopes of becoming rich. However, mining is an arduous process so it requires a strong GPU, and Nvidia processors have become in high demand for miners. Although there has been a chip shortage the past year, it hasn't stopped them from beating analysts' EPS predictions every single time for the last three quarters. As the chip shortage comes to an end, there is a strong upside for Nvid...