Reported 4 months ago
The article discusses Nvidia's recent first-quarter report and the announcement of a 10-for-1 stock split set to take effect on June 6. It explains how stock splits work and analyzes Nvidia's stock split history, pointing out the positive returns following previous splits. The article suggests that buying Nvidia stock before the split could be a good idea, highlighting that post-split prices can experience momentum and rise sharply. It also compares Nvidia's valuation to its competitor AMD, indicating that Nvidia stock may still be attractive despite its seemingly high price. The author recommends a long-term investment approach and encourages investors to consider purchasing Nvidia shares before June 6.
Source: YAHOO