The Two Tech Stocks with the Most Potential

As the crypto market dips and struggles to maintain its foothold in the market, investors may want to turn to a few tech stocks that have enormous potential.

Most people know about Nvidia (NVDA) and its very quick rise to market dominance in the last few years as a leading AI tech company as well as its excellent stock market performance. This stock has been making headlines all year long, and it should continue to do so throughout 2024 and into next year.

This is a great stock to invest in because it has been proven to be bullish even when the rest of the market is down. Nvidia has impressed time and again over the last 12 months, and we expect it to continue performing well. Even when it drops, the stock regains its lost ground and climbs higher a little while later.

The only issue with Nvidia is that it could be reaching the top of its market potential in the next year or so. It may not grow as high as some other stocks that have not done as well. Nvidia may top out, and that could limit its growth potential. It has simply done too good too quickly, and the market will not stand for that forever.

The Other Tech Stock to Consider

So, if you want a stock that is overlooked but that could grab a significant share of that sweet tech stock market pie, then look over at Nu Holdings (NU). This is a digital banking service that operates in Latin America. It is still under the radar for many investors, but the company has great growth potential and already has a very strong customer base.

It is estimated that the company has more than 10 million customers after being in business for about a decade. That is impressive, and analysts estimate that their stock price could jump massively this year, with a growth of 44% in sales by the end of 2024. It is also estimated that the company could see a further 33% sales jump next year.

This tremendous potential is something that helps the company stand out in the financial marketplace, and Nu Holdings and Nvidia are both considered sounder investments than cryptocurrency at this time.