Reported 5 months ago
Nvidia's stock surged 1,080% in the last four years, with a 4-for-1 stock split in 2021 and a 10-for-1 split planned for June 2024. Despite the increase, 90% of Wall Street analysts recommend buying the stock. Known for its GPUs and data center computing, Nvidia reported strong financial results, projecting continued growth potential. The company's growth opportunities in AI and dominating market share position it as a key player in the industry, with a reasonable valuation compared to other AI stocks.
Source: YAHOO