Think You Missed Out on Nvidia Stock? Here's Why It Could Have Room to Run.
The AI build-out is projected to last through at least 2030.
Think You Missed Out on Nvidia Stock? Here's Why It Could Have Room to Run.
Overview
Since the artificial intelligence (AI) arms race kicked off in 2023, Nvidia's (NASDAQ: NVDA) stock has risen nearly 1,400%. That's a huge run that has made it the world's largest company, leaving many investors worried that they missed out on one of the biggest winners of their lifetimes.
However, I don't think that's the case. While Nvidia isn't going to deliver another 1,000% run anytime soon (it likely won't at all), I'm still confident that it can deliver strong, market-crushing returns.
Details
The market has tried to move on from Nvidia stock and is looking elsewhere for AI-related returns. This is premature, as Nvidia's outlook is still bright.
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.
