Reported 4 months ago
The article discusses the potential growth of investing last year's average tax refund of $2,812 in Nvidia stock. With Nvidia's stock surging by 186% since May 2023, driven by strong demand for AI chips, the investment could have grown by nearly 300%, reaching about $11,155 in just a year. Despite Nvidia's remarkable growth, analysts caution against putting all investments in one stock and recommend diversifying across multiple stocks. Nvidia's market value has soared to $2.7 trillion, indicating significant opportunities for early investors.
Source: YAHOO