Is Nvidia Stock a Once-in-a-Generation Investment Opportunity Ahead of Its 10-for-1 Stock Split on June 7?
When Nvidia (NASDAQ: NVDA) released the results of its fiscal 2025 first quarter (ended April 28), the company delivered record results that crushed Wall Street's expectations. However, shareholders were more intrigued by another development.
In conjunction with its earnings release, Nvidia's management revealed a sizable 10-for-1 stock split. Since its announcement on May 22, shares have climbed more than 14% (as of this writing), and the stock has already gained 117% so far this year. That clearly indicates that investor interest remains strong, likely fueled by Nvidia's strong ties to artificial intelligence (AI).
The stock split is scheduled to take place after market close on Friday, June 7. Does the upcoming stock split make Nvidia a once-in-a-generation investment opportunity? Let's see what the evidence shows.
Source Fool.com
