NVDL - NVDL: The Best Leveraged ETF To Maximize Your Nvidia Gains Post Q1 Earnings

2024-05-26 09:00:00 ET

Summary

• Nvidia's success is more than just a flash in the pan, making it a strong investment option.
• NVDA's Q1 earnings report exceeded expectations, leading to a surge in its stock price.
• The upcoming stock split will increase liquidity and attract more investors to leveraged ETFs like NVDL. The timing is right to boost your overall gains.

In an earlier article on the Direxion Daily NVDA Bull 1.5X Shares ETF ( NVDU ), I outlined why a better option to leverage gains on a core Nvidia ( NVDA ) holding was another, similar ETF with greater liquidity. That ETF was the Direxion Daily NVDA Bull 2X Shares ETF ( NVDL ), and today, I’d like to reiterate that Buy recommendation in a strong way because the underlying company has proven over and over again in the last year or more that its success is more than just a flash in the pan....

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