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Could Investing $20,000 in Nvidia Make You a Millionaire?


Semiconductor designer Nvidia (NASDAQ: NVDA) has made many millionaires in recent years. Its stock has more than tripled in the last year alone. Among stocks with a market cap of at least $50 billion today, Nvidia has outperformed absolutely everybody over the past three, five, and 10 years. It's hard to beat this wealth-building machine these days.

So what's next? Let's say I scrape together a robust $20,000 Nvidia position today -- can I expect to make a million dollars on that investment?

The short answer is yes, but it'll take a while and the lofty target result isn't guaranteed.

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Source Fool.com

Nordic Semiconductor Stock

€11.26
3.160%
Nordic Semiconductor dominated the market today, gaining €0.35 (3.160%).

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