Reported 6 months ago
As Nvidia Corp. prepares for a 10-for-one stock split, the article discusses the growing investor interest in artificial intelligence. With the stock trading at over $1,200 a share and analysts bullish on its future, there are opportunities for leveraged bets through ETFs like the T-Rex 2X Long Nvidia Daily Target ETF and the GraniteShares 2X Long Nvidia Daily ETF. While these leveraged ETFs offer the potential for outsized gains, they are not recommended for long-term investors due to their daily resetting nature. Financial advisors caution against holding leveraged ETFs indefinitely, emphasizing the importance of monitoring them closely to avoid potential losses.
Source: YAHOO