Posts

Showing posts with the label ai sector

Nvidia (NVDA) Called Best Investment of the Decade: Here's Why

Image
Entering the year, the AI sector was set to surge on Wall Street. There was no shortage of stocks that were poised to benefit; however, one had clearly sat above the rest. Indeed, its past success and future potential led to Nvidia (NVDA) being called the best investment of the decade. The AI chipmaker had been perceived as one of the biggest beneficiaries of the ongoing boom in the technology. Although heavy hitters like Microsoft (MSFT) and Amazon (AMZN) have made headway in the industry, Nvidia stands out. But just how much upside is there in a company that had surged 170% in 2024? Source: Fortune Also Read: Nvidia (NVDA) Gets $190 Target as Q4 Earnings Likely to Outperform Nvidia Is the Best Investment of This Decade: Does It Still Have Room to Grow? Friday saw Nvidia stock fall 2% as it dropped further below the $140 mark. Although this sparked some concern among investors, it may have reiterated what makes the stock so incredibly attractive. Indeed, the company’s importance ...