NVIDIA Makes History
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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.
Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.
Nvidia stock is up more than 50% over the past three months, leading the broader market rebound after the tariff selloff.
Nvidia stock remains attractively priced, especially when considered in light of its market-beating growth.
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
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'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,
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.