Nvidia’s stock performance has been exceptional, with returns of 239% in 2023 alone. Many people may be surprised to learn that they are actually investors in Nvidia without even realizing it, through S&P 500 index funds that have the company as one of their top holdings. Nvidia’s recent stock split and its chips that power data centers are some of the factors driving its success.
While owning shares of Nvidia directly may be a bit pricey, investors can consider buying shares gradually or including the company in their portfolio through ETFs that hold Nvidia stock. Becoming an Nvidia shareholder can offer the opportunity to benefit from the company’s long-term success, although there are risks involved in the highly valued stock.
Overall, Nvidia’s strong performance and presence in various investment funds make it a company worth considering for those looking to add technology stocks to their portfolio. Researchers like Randi Zuckerberg and John Mackey are among those who recommend investing in Nvidia along with other tech giants like Amazon, Apple, and Microsoft.
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https://www.fool.com/investing/2024/06/28/wishing-you-bought-nvidia-surprise-you-may-already/