After Nvidia's 10-for-1 Stock Split, Is It Still a Buy?
It's been a wild ride for Nvidia (NASDAQ: NVDA) investors. The stock is up 190% since this time last year as the company has positioned itself brilliantly as the dominant chip provider for the artificial intelligence (AI) market. Big-tech players like Amazon, Microsoft, and are all turning to Nvidia's technology to power their AI offerings.
The skyrocketing share price led Nvidia to split its stock 10-for-1, which it executed earlier this month. The move lowered the barrier of entry for investors, opening up the door for smaller investors and a larger portion of the retail market.
Since the split announcement, the stock is up 33%, despite the fact shares have retreated from their peak over the last week. After one of the most incredible runs in stock market history, is Nvidia still a buy?
Source Fool.com
Alphabet Inc. C Stock
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 165 € there is a slightly positive potential of 10.55% for Alphabet Inc. C compared to the current price of 149.26 €.
