No Stock Goes Up To Infinity, And Neither Will Nvidia
Submitted by Silverlight Asset Management, LLC on March 29th, 2024
Nvidia Corp. (NVDA) has experienced a remarkable run-up in its stock price.
To say the stock has been on a roll would be an understatement. Nvidia has gained 550% since the start of last year, added $2 trillion in market value over the past 15 months, and is responsible for about 29% of the S&P 500’s year-to-date gains.
