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2 Growth Stocks That Could Outperform the S&P 500 Through 2030

The article from The Motley Fool, published on December 16, 2024, discusses two growth stocks, NVIDIA and Tesla, which are expected to outperform the S&P 500 by 2030. NVIDIA is highlighted for its leadership in AI and data center technology, with its GPUs being integral to AI applications, autonomous driving, and other high-performance computing tasks. The company's growth is driven by increasing demand for AI and machine learning, with expectations of continued expansion in data centers and automotive sectors. Tesla, on the other hand, is noted for its advancements in electric vehicles (EVs) and renewable energy solutions. Despite facing competition, Tesla's focus on autonomous driving technology, battery technology, and its expanding product lineup, including the Cybertruck and potential new models, positions it for significant growth. Both companies are seen as having strong fundamentals and market positions that could lead them to significantly outpace the broader market index by the end of the decade.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/16/2-growth-stocks-outperform-sp-500-2030/ ]