In this video, Motley Fool contributor Jason Hall breaks down what has driven Nvidia‘s (NASDAQ: NVDA) meteoric rise, its upcoming stock split, and what matters a lot more to investors looking to profit going forward.
*Stock prices used were from the afternoon of May 30, 2024. The video was published on May 31, 2024.
Should you invest $1,000 in Nvidia right now?
Before you buy stock in Nvidia, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $677,040!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.
*Stock Advisor returns as of May 28, 2024
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Jason Hall has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Nvidia Stock Split: There’s a Much More Important Thing Investors Need to Know was originally published by The Motley Fool
Source Agencies
