I've Held Nvidia for Nearly 3 Years. Here's Whether I'd Still Buy Today.
Nvidia is as good a buy now as at any time in the past few years.
Overview
Nvidia (NASDAQ: NVDA) has been one of the best stocks to own in the artificial intelligence (AI) arms race. It is up nearly 1,500% since 2023 began, providing investors with incredible returns. Unfortunately, I do not have those returns in my portfolio.
I bought the stock at the beginning of 2023 and watched it double. Then I sold the stock because I was worried that AI computing demand wouldn't last. I was very wrong. I had to disregard all of the prior gains and purchase shares in 2024 after it had run up some more, which has still been a great investment for me.
Details
But would I buy the stock again today? You bet I would.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.