When it comes to investing in Nvidia (NASDAQ: NVDA), it’s crucial to understand the numbers that drive the company’s performance. In a recent video, Fool.com contributor Parkev Tatevosian breaks down these key figures to help investors make informed decisions.
One important thing to note is that the stock prices mentioned in the video were based on the afternoon prices of June 12, 2024, with the video itself published on June 14, 2024.
But should you invest $1,000 in Nvidia right now? Before you make a move, consider this: The Motley Fool Stock Advisor analyst team recently identified the top 10 stocks they believe have the potential for significant returns in the coming years, and Nvidia did not make the cut. This curated list of stocks has historically outperformed the S&P 500, with one example being Nvidia’s inclusion in the list back in April 15, 2005, where a $1,000 investment would have grown to $794,196.*
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Parkev Tatevosian, CFA, who presented the video, does not hold any positions in the stocks mentioned. However, The Motley Fool does have positions in and recommends Nvidia. As an affiliate of The Motley Fool, Tatevosian may receive compensation for promoting their services. This means that if you choose to subscribe through his link, he will earn a commission that supports his channel. Rest assured, his opinions remain independent and unaffected by The Motley Fool.
When it comes to investing in Nvidia, understanding the important numbers and staying informed about the latest developments is key to making sound investment decisions. Stay ahead of the game by following expert analysis and insights from trusted sources like The Motley Fool’s Stock Advisor.
Source: The Numbers Every Nvidia Stock Investor Should Know by The Motley Fool.
*Stock Advisor returns as of June 10, 2024.