5 High Growth Low Debt Stocks to Invest in Right Now

2. NVIDIA Corporation (NASDAQ:NVDA)

NVIDIA Corporation (NASDAQ:NVDA) is one of the high growth low debt stocks to invest in right now. The company fits the list because demand for AI infrastructure is still driving exceptional growth, while NVIDIA continues to carry a balance sheet with far more financial strength than debt burden. On May 20, NVIDIA Corporation (NASDAQ:NVDA) reported first-quarter fiscal 2027 revenue of $81.6 billion, up 85% year over year, while Data Center revenue rose 92% to $75.2 billion.

The growth story is tied to the buildout of AI factories across hyperscale cloud, enterprise, sovereign AI, and industrial computing markets. NVIDIA Corporation (NASDAQ:NVDA) also said Data Center compute revenue reached $60.4 billion, up 77% year over year, while Data Center networking revenue rose 199% to $14.8 billion. Its balance sheet also supports the low-debt screen. As of April 26, 2026, NVIDIA had $13.24 billion in cash and cash equivalents, $37.10 billion in marketable debt securities, and $30.24 billion in marketable equity securities, compared with $1.00 billion in short-term debt and $7.47 billion in long-term debt. The company also announced an additional $80.0 billion share repurchase authorization, reflecting the cash-generating power behind the growth.

NVIDIA Corporation (NASDAQ:NVDA) provides accelerated computing platforms, graphics processors, networking systems, AI software, data-center infrastructure, gaming technologies, robotics tools, autonomous-vehicle platforms, and professional visualization solutions.