Prediction: This Much Nvidia (NVDA) Stock Bought Today Could Be Worth $28,560 by 2030
A projection for annualized gains of 30% is likely to prove conservative.
Overview
Semiconductor giant Nvidia (NASDAQ: NVDA) has been a hot stock for some time now -- for good reason. It has averaged annualized gains of 52% over the past 15 years. That was enough to turn a single $10,000 investment 15 years ago into a stake worth $5.9 million (with dividends reinvested) or $5.4 million (without the reinvestment of dividends).
What if you buy into it today, though? How big could your stake in it become by, say, 2030? Let's take a look.
Image source: The Motley Fool.
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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.