NVDA - Nvidia's Stock Is Up 170% to Start 2024. Could It Double to Finish the Year?
2024-07-12 06:45:00 ET
In 2023, there were few better stocks to own than Nvidia (NASDAQ: NVDA) . The stock rose nearly 240%, and many investors (including myself) concluded that 2024 wouldn't be a repeat of the same. But we were wrong.
On the heels of an incredible 2023 performance, Nvidia more than doubled in 2024, as the stock has risen 170% so far. That's an amazing run that is incomparable when you consider Nvidia's size.
But after such a strong year, could Nvidia double again from this point? After all, it proved investors wrong multiple times.
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Nvidia's Stock Is Up 170% to Start 2024. Could It Double to Finish the Year?