What Will Nvidia Stock's Price Be in 1 Year?
Key takeaways
- NVDA ^GSPC Nvidia (NASDAQ: NVDA) stock has richly rewarded investors.
- Over the last year, Nvidia stock has returned 45% through June 18, which is lower than most of its recent annual gains but still a strong gain.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA ^GSPC Nvidia (NASDAQ: NVDA) stock has richly rewarded investors. Shares of the artificial intelligence (AI) chip and technology infrastructure leader have returned 18,300% over the last decade, transforming a modest $1,000 investment into a whopping $184,000. The S&P 500 index returned 328% over this period.
Over the last year, Nvidia stock has returned 45% through June 18, which is lower than most of its recent annual gains but still a strong gain. (The U.S. stock market was closed on Friday, June 19, for the Juneteenth holiday.)
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »