Doubt Nvidia (NVDA) at Your Own Peril
Two years ago, Nvidia Corporation (NVDA, $250.95) was a well-respected technology name, but not necessarily a head-turner.
What a difference two years - and a 400%-plus gain - can make. The introduction of some new products, another round of evolution within the computer industry and the advent of cryptocurrency mining all helped fan the bullish flames that sent NVDA shares roaring higher.
Shareholders have enjoyed the ride, to be sure. The scope of the gain and the cyclical nature of technology, however, leave investors pondering whether the next two years could be as fruitful as the past two have been.
A close-second question that investors are asking: Besides valuation concerns, what (if anything) could slow NVDA stock down?
If such a speed bump is out there, nobody's seen it yet.
Technological Serendipity
The word "Pascal" may ring a bell with some investors, but
You’re reading a preview, subscribe to read more.
Start your free 30 days