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Could Nvidia Stock Help You Become a Millionaire?

TheMotleyFool

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Could Nvidia Stock Help You Become a Millionaire?: https://g.foolcdn.com/editorial/images/768087/man-with-raised-hands-amid-flying-currency-notes.jpg

Buying solid companies and holding on to their shares for a very long time is a proven way to make money in the stock market, as this simple strategy helps investors take advantage of the power of compound growth and also capitalize on disruptive and secular growth opportunities.

Nvidia (NASDAQ: NVDA) is a prime example of what a successful buy-and-hold investment can deliver over the long run. An investor who put $10,000 into Nvidia stock a decade ago and held on would be sitting on a position worth more than $1.8 million right now and more than $1.9 million with dividends reinvested.