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Where Will Nvidia Stock Be in 5 Years?


The past five years have been stunning for Nvidia (NASDAQ: NVDA) shareholders as the company's market cap has soared by a phenomenal 2,900%, turning an investment of just $100 in the stock half a decade ago into just over $3,000 as of this writing.

Nvidia stock's 30x rise in these past five years can be justified by the multiple catalysts that have been driving the company's growth. The exceptionally robust demand for its graphics processing units (GPUs) that are deployed in personal computers (PCs), data centers, and automotive applications has led to a terrific increase in the company's revenue and earnings during this period.

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Source Fool.com

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