It all depends on which device you are planning to use your batteries in. Nimh batteries are specifically designed to work best in high drain electronic devices such as digital cameras or other portable electronic devices. For most electronic devices it is better to use Nimh batteries than NiCd batteries.
Nimh batteries usually have a higher capacity than NiCd batteries of the same size and will last longer before recharging. NiCd batteries can deliver faster discharge rates than Nimh batteries. If you are choosing a battery to drive high torque power tools, then NiCds can outperform Nimh.
NiCds are also generally more durable than Nimh for industrial type applications that require deep discharge and multiple charge cycles per day. These differences are not relevant when considering power sources for electronic devices like digital cameras or portable music players. Is there a difference between brands of NiMh batteries or do they perform about the same?
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