5 High Growth NASDAQ Stocks That Are Profitable

4. NVIDIA Corporation (NASDAQ:NVDA)

EPS Next 5 Year Ratio: 21.30%

Net Income (TTM) as of October 31, 2022: $5.957 billion

NVIDIA Corporation (NASDAQ:NVDA) ranks #4 on our list of 12 High Growth NASDAQ Stocks That Are Profitable given its EPS next 5 year ratio of 21.3%. As a leading maker of GPUs, NVIDIA Corporation (NASDAQ:NVDA) will benefit from the rise in AI processing although the company could encounter headwinds in the future when more big tech companies make their own chips. As a result, NVIDIA Corporation (NASDAQ:NVDA) will need to continue to innovate and the company could be one of the riskiest stocks on our list if it doesn’t maintain its innovative edge. As of October 31, 2022, the company had a trailing twelve month net income of $5.957 billion.