Is Nvidia a Millionaire-Maker Stock?
Nvidia's path to $1 million faces a critical growth limitation.
Overview
Among stocks that made millionaires in the past, few performed better than Nvidia (NASDAQ: NVDA). If a person had invested $1,000 in the stock on its IPO day in January 1999 and never sold, they would own approximately $5 million worth of shares today.
Unfortunately, such gains are unlikely for future Nvidia investors. Unless someone is willing to invest a sum well into the six figures, the semiconductor stock is probably not going to be a millionaire-maker for them, and here's why.
Image source: Nvidia.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.