The No. 1 AI Stock of 2024 (Not Nvidia)

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Nexa Resources S.A
NYSE:NEXA
$7.27

Financials

Curr Year EPS Estimate1.23
Next Quarter EPS Estimate0.27
Profit Margin-0.29
Return on Assets0.02
Return on Equity-0.32
Revenue1,950,929,024
Earnings Per Share-4.22
Revenue Per Share14.73
Gross Profit386,998,000
Quarterly Revenue Growth0.08

General

NameNexa Resources S.A
TickerNEXA
ExchangeNYSE
SectorBasic Materials
IndustryOther Industrial Metals & Mining
CurrencyUSD
CountryUSA
Fiscal Year EndDecember

About Nexa Resources S.A

Nexa Resources S.A., through its subsidiaries, engages in the zinc mining and smelting business. It also produces copper, lead, silver, and gold deposits. The company owns and operates five mines, including three located in the Central Andes of Peru; and two located in the state of Minas Gerais in Brazil. In addition, it refines byproducts, such as sulfuric acid, as well as exports its products. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg City. Nexa Resources S.A. is a subsidiary of Votorantim S.A.

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