FPT is one of the few stocks that have consistently shown growth over the years

The trading session on April 24 concluded with FPT shares reaching the ceiling price of 120,100 VND/share, marking the highest point ever recorded.

On the stock market, FPT's shares are recognized as among the few stocks that have maintained a consistent upward trajectory over the years. Statistics from the Nhip Cau Dau Tu Magazine reveal that FPT frequently exhibits more positive developments than overall market performance. From 2013 to 2023, FPT's stock price has witnessed an average annual increase of nearly 33%. Throughout the past decade, except 2018 (when FPT stock experienced a decrease of more than 10.7%) and a slight reduction in 2022, the stock has generally shown a positive upward trend in other years.

FPT is also recognized for its robust liquidity, with millions of shares traded in each session (Over the past year, on average, more than 2 million FPT shares have been matched per session). This high level of liquidity is advantageous for investors, facilitating ease of purchasing and selling transactions.

FPT's consistent growth stability has garnered the trust of numerous investors, making it a coveted investment option. Despite occasional short-term fluctuations, FPT offers attractive profit rates and significantly diversifies investors' portfolios.

The price surge of FPT stock correlates with its positive business performance. Over the past ten years, barring 2012, FPT has consistently achieved growth in after-tax profits. Notably, from 2017 to 2023, FPT's after-tax profits have sustained double-digit growth, defying market challenges.

FPT had a promising start in the first quarter of 2024, with the Corporation's revenue and pre-tax profit reaching 14,093 billion VND and 2,534 billion VND, respectively. This marked a 21% and 20% growth, respectively, compared to the same period in 2023. Notably, the IT services for the foreign market segment remained a pivotal contributor to FPT's growth, with revenue reaching nearly 7 billion VND, reflecting a 29% increase over the same period last year.

Recently, FPT unveiled a collaboration with NVIDIA to advance the global development of Artificial Intelligence (AI) and cloud computing. Under the Memorandum of Understanding, FPT intends to invest 200 million USD to establish an AI Factory, facilitating a Cloud Computing platform for AI research and development in Vietnam. The factory will incorporate supercomputer systems leveraging NVIDIA's latest technology, including the NVIDIA AI Enterprise application suite and the H100 Tensor Core GPU graphics chip.

FPT's revenue and after-tax profit growth in the 2019-2023 period. Source: FPT.

Mr. Keith Strier, Vice President of Global AI Initiatives at NVIDIA, emphasized: "AI technology holds immense potential to enhance the quality of life and bolster economies worldwide by fostering innovation across various sectors, including healthcare, agriculture, meteorology, and manufacturing. NVIDIA and FPT are committed to supporting Vietnamese businesses in accelerating digital transformation, with the aim of positioning Vietnam as an AI Powerhouse."

From an analytical viewpoint, the Analysis Center of Agribank Securities Company (Agriseco Research) evaluates that FPT commenced the first quarter smoothly, witnessing a business result surge of over 20%. The Corporation is poised to sustain its growth momentum, driven by the software export sector, and poised to capitalize on global investment trends in AI and semiconductors. FPT stands out as a premier technology corporation in Vietnam, having attained international recognition, boasted robust financial health, and consistently delivering high annual profit rates.

Source: Nhip Cau Dau Tu Magazine