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Should you forget about Nvidia and buy this AI stock splitting giant that has soared over 400% in 5 years? | 11.12.24
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Should you forget about Nvidia and buy this AI stock splitting giant that has soared over 400% in 5 years? | 11.12.24

Nvidia

120.51 CHF -0.89%


Should you forget about Nvidia and buy this AI stock splitting giant that has soared over 400% in 5 years? | 11.12.24

Kaufen / Verkaufen

Nvidia (NASDAQ: NVDA) has proven itself to be an early winner in the artificial intelligence (AI) revolution, growing profits by triple digits in recent quarters and pledging continued growth. innovate to boost growth. Stock performance has followed, rising nearly 190% this year, the best performance on the Dow Jones Industrial Average. Nvidia was recently invited to join this benchmark. After all these gains, however, in terms of profits and shares. price – you may be wondering if Nvidia is still the best AI player on the market, or if you should forget about Nvidia and look to another growth story. One that has recently attracted attention is a company that, like Nvidia, completed a stock split this year as its stock price soared. Nonetheless, this particular company is trading at a reasonable valuation and could see strong growth ahead. Should you choose this stock over stock market star Nvidia? Let’s find out.Image source: Getty Images.Continue readingMore articles on MotleyFool