Where Will Nvidia Stock Be in 5 Years?
Nvidia is the largest company in the world right now, but it could become even bigger thanks to new catalysts.
Overview
The past five years have been phenomenal for Nvidia (NASDAQ:NVDA) investors. An investment of $1,000 made in Nvidia's shares five years ago is now worth almost $10,000.
The multibagger gains in Nvidia stock over this period have been fueled by artificial intelligence (AI)-driven demand for the company's chips. Investors may now be wondering how much more upside they can expect from Nvidia over the next five years.
Details
After all, it is now the largest company in the world with a market cap of just over $5 trillion, as of this writing. The good news for Nvidia investors is that the company still has a massive addressable market that should allow it to sustain its outstanding growth until the end of the decade.
Source
Originally published at www.fool.com.