BusinessPostCorner.com
No Result
View All Result
Thursday, May 15, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

How much a $1,000 investment in Nvidia 10 years ago would be worth today

June 20, 2024
in Business
Reading Time: 2 mins read
A A
0
How much a ,000 investment in Nvidia 10 years ago would be worth today
ShareShareShareShareShare

Though the average investor may not have even heard of it until recently, Nvidia is the hottest company around, officially becoming the world’s most valuable on Tuesday. And for investors lucky enough to get in early, the gains are meteoric.

An investment of $1,000 in Nvidia in June 2014 would be worth over $297,600 at Wednesday’s close, according to calculations from Morningstar Direct. That’s cumulative growth of 29,660%.

Much of that came in the past year, as the chipmaker cemented itself as an artificial intelligence darling (its graphics processing units, or GPUs, are used to power AI systems). In fact, Nvidia’s stock price has more than doubled this year—after more than tripling in 2023. Its market cap now sits well over $3 trillion, more than Apple’s or Microsoft’s, and it alone accounts for more than one-third of the S&P 500’s gains so far this year.

Despite a dip in the stock price in 2022—when many big-time investors snapped up shares at a discount—the company has provided a healthy shareholder return for awhile, significantly outperforming the broader market. One analyst says the semiconductor giant could see its market value soar to nearly $5 trillion in the coming year.

The question now is whether Nvidia can keep it up. Analysts have been ringing the warning bell on the stock being overpriced for a long time now; with it reaching new heights, those calls are growing louder.

Because the S&P 500 is weighted by market cap, the movements of companies like Nvidia—either up or down—can have an outsized impact on the overall performance of the broader market. Given retail investors are increasingly buying into these types of index funds, that could spell trouble.

“The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns,” Apollo Global Management chief economist Torsten Sløk wrote in a note last week.

Still, as Morningstar analysts outlined earlier this year, there are reasons to remain optimistic. The biggest tech companies in the world are the ones buying chips from Nvidia, and many other companies are ramping up their AI investments.

“It would not surprise me if a year from now, this is a thousand-dollar stock or more,” Morningstar equity strategist Brian Colello said back in February.

Subscribe to the Fortune Next to Lead newsletter to get weekly strategies on how to make it to the corner office. Sign up for free before it launches on June 24, 2024.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Nvidia tide is lifting the tech sector

Next Post

CLA Global CEO plans further expansion

Next Post
CLA Global CEO plans further expansion

CLA Global CEO plans further expansion

Jaguar Land Rover says it has no plans to build cars in the US

Jaguar Land Rover says it has no plans to build cars in the US

May 15, 2025
Airbnb to offer in-house chefs and massages in new-look app

Airbnb to offer in-house chefs and massages in new-look app

May 14, 2025
Don’t charge Ritz prices for Holiday Inn experiences

Don’t charge Ritz prices for Holiday Inn experiences

May 9, 2025
What are the HR challenges and opportunities of start-up culture?

What are the HR challenges and opportunities of start-up culture?

May 9, 2025
UK hits key figures in Russian oil trade with sanctions

UK hits key figures in Russian oil trade with sanctions

May 9, 2025
How to avoid a puncture on the Moon

How to avoid a puncture on the Moon

May 12, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

PCAOB shares insights from audit committee leaders

PCAOB shares insights from audit committee leaders

May 15, 2025
Ukraine Drafts Bill to Add Bitcoin to War Chest – Is a National Reserve Next?

Ukraine Drafts Bill to Add Bitcoin to War Chest – Is a National Reserve Next?

May 15, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!