Reported 8 months ago
Nvidia executed a 10-for-1 stock split to adjust its soaring share price driven by AI interest. Despite recent gains, historical trends suggest a potential 15% downside over the next 11 months. Past stock splits show Nvidia's average decline of 23% in the first year and 3% drop after two years. Analysts view Nvidia as an AI leader due to its hardware, CUDA software, and full-stack computing platform, though the company's tendency to decline after splits is noted amid strong financial growth. Investors are advised to consider risks and long-term potential before buying Nvidia stock.
Source: YAHOO