Nvidia, Market Cap
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Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in value by nearly 1,500%, including another 20% in the last 12 months. Think the run is over? Think again. Nvidia stock remains far cheaper than most investors realize due to one critical factor.
The potential to compound one’s wealth grows by the day as the world shrinks by the day through commercial advances that reach greater and greater numbers of people.
Nvidia shares were down 0.8% at $162.86 in premarket trading, in line with a slump in wider market futures. The stock rose 0.8% on Thursday and the company became the first to close above $4 trillion, cementing its position as the world’s most valuable by market capitalization.
Nvidia stock remains attractively priced, especially when considered in light of its market-beating growth.
Stock-market breadth isn't looking too hot on Friday. Of the 503 individual issues in the S&P 500, just 72 were in the green recently, according to Dow Jones Market Data. That's on track for the lowest number of gainers in a single session since June 13.
A Historic Valuation Milestone In a historic moment yesterday, Nvidia (NASDAQ:NVDA) became the first company ever to surpass a $4 trillion market valuation, cementing its dominance in the tech sector.
Nvidia's market cap just hit $4 trillion, and it could rise further on positive market sentiment. Nvidia stock offers exciting opportunities for long-term investors. Nvidia (NASDAQ: NVDA) is back as the most valuable company in the world,
Nvidia stock trades at $164.10 after hitting a $4 trillion market cap. Analysts eye AI growth and China talks as next catalysts.