Nvidia Is Up Just 20% This Year. Here Is What History Says Happens Next.

Nvidia (NASDAQ: NVDA) may have been one of the greatest stock investments in the history of the market, but that doesn’t mean its winning streak can go on forever. It often happens that by the time a stock gets the wider market’s notice for a great run-up, its most thrilling gains are already behind it. But that doesn’t mean that widely known and popular stocks can’t still create shareholder value.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »

So what’s happening with Nvidia? It has been following the general trajectory of the S&P 500 for most of the year, and as of this writing, it’s up 20% versus 14% for the broader index. That’s a fair beat, but it’s not on par with the massive gains it’s delivered in the past. Let’s see what might be on the table for the chip stock in the coming weeks and months.

The gold standard for AI chips

Nvidia became a household name after the artificial intelligence (AI) megatrend exploded, but it was a successful business and an excellent investment well before that. In 2021, when AI was still a futuristic concept to most non-techies, Nvidia was a leader in video game hardware, and its stock more than doubled.

ChatGPT was released…