In this video, Motley Fool contributor Jason Hall updates his latest thoughts on Confluent (NASDAQ: CFLT) and explains why an easily overlooked press release back in February may lead to accelerated growth and strong returns for investors. *Stock prices used were from the afternoon of April 2, 2024. The video was published on April 3, 2024. […]
Tag: Confluent
Confluent Stock Is No Nvidia But This AI Player Is Targeting 325% EPS Growth In 2024
While artificial intelligence giant Nvidia (NVDA) has electrified the stock market, shares of another tech player — software company Confluent (CFLT) — shot up by double digits this year. Now, as the company sees 325% profit growth in 2024, Confluent stock is rising as another option in the AI space.