If You'd Invested $1,000 in Nvidia Stock 5 Years Ago, Here's How Much You'd Have Today
Nvidia (NASDAQ: NVDA) is undoubtedly one of the hottest stocks in the market and has been for a few years now. Its position as a provider of key hardware for the artificial intelligence (AI) space has fueled quarter after quarter of triple-digit growth for its sales and earnings.
While the stock has gained nearly 750% since the beginning of last year, it has charted a somewhat rocky course over the past few months. But Nvidia looks on track to keep growing sales of its high-end graphics processing units (GPUs) and remain the industry's dominant supplier.
The company's recent successes and its new place in the popular consciousness come almost exclusively from AI, where tech giants like Meta Platforms and have been spending lavishly to build supercomputers and new AI data centers.
Source Fool.com
Alphabet Inc. C Stock
With 38 Buy predictions and 2 Sell predictions Alphabet Inc. C is one of the favorites of our community.
As a result the target price of 194 € shows a positive potential of 41.44% compared to the current price of 137.16 € for Alphabet Inc. C.
