Deja Vu? Nvidia Is 2024's Best Performing Big Stock So Far

Forbes01-10

TOPLINENvidia stock rose to a fresh all-time high Tuesday, as the artificial intelligence heavyweight continues to provide market-beating gains for investors in the new year.Nvidia's billionaire CEO ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

JP24
01-10
JP24
Watch out for a huge sell off afterwards..

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1198605487?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-10 11:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1198605487","market":"us","top_or_hot":-1,"title":"Deja Vu? Nvidia Is 2024's Best Performing Big Stock So Far","media":"Forbes","content":"<div>\n<p>TOPLINENvidia stock rose to a fresh all-time high Tuesday, as the artificial intelligence heavyweight continues to provide market-beating gains for investors in the new year.Nvidia's billionaire CEO ...</p>\n\n<a href=\"https://www.forbes.com/sites/dereksaul/2024/01/09/deja-vu-nvidia-is-2024s-best-performing-big-stock-so-far/?sh=66f572a36b08\">Source Link</a>\n\n</div>\n","source":"fors","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deja Vu? Nvidia Is 2024's Best Performing Big Stock So Far</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeja Vu? Nvidia Is 2024's Best Performing Big Stock So Far\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-10 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/dereksaul/2024/01/09/deja-vu-nvidia-is-2024s-best-performing-big-stock-so-far/?sh=66f572a36b08><strong>Forbes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOPLINENvidia stock rose to a fresh all-time high Tuesday, as the artificial intelligence heavyweight continues to provide market-beating gains for investors in the new year.Nvidia's billionaire CEO ...</p>\n\n<a href=\"https://www.forbes.com/sites/dereksaul/2024/01/09/deja-vu-nvidia-is-2024s-best-performing-big-stock-so-far/?sh=66f572a36b08\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.forbes.com/sites/dereksaul/2024/01/09/deja-vu-nvidia-is-2024s-best-performing-big-stock-so-far/?sh=66f572a36b08","article_id":"1198605487","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1198605487","pubTimestamp":1704855844,"sourceInfo":{"source_id":"fors","name":"Forbes"},"weMediaInfo":null,"summary":"TOPLINENvidia stock rose to a fresh all-time high Tuesday, as the artificial intelligence heavyweight continues to provide market-beating gains for investors in the new year.Nvidia's billionaire CEO J","collect":0,"end_time":0,"defaultTopTitle":"forbes.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达"},"translate_title":"似曾相识？英伟达是2024年迄今为止表现最好的大股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1.1},"content_text":"TOPLINENvidia stock rose to a fresh all-time high Tuesday, as the artificial intelligence heavyweight continues to provide market-beating gains for investors in the new year.Nvidia's billionaire CEO Jensen Huang, right, and Amazon Web Services CEO Adam Selipsky appear together in November.KEY FACTSShares of Nvidia rose 1.7% to $531.40, setting a new record closing share price.Nvidia’s rally this week comes as the company unveiled new video game-focused AI offerings and Oppenheimer analyst Rick Schafer named Nvidia as one of his top stock picks for semiconductor chip companies, but largely appears to be a continuation of the positive sentiments accompanying the stock for 2023, when Nvidia was by far the best-performing stock listed on the S&P 500.Up almost 9% so far this year, shares of Nvidia have again far outperformed the limping broader market, with the S&P and tech-heavy Nasdaq indexes each down.Nvidia is the S&P’s fourth-best-performing stock through the first six trading sessions and by far the biggest gainer among companies with a market capitalization over $50 billion.Notably, Nvidia shares have moved against an otherwise down stretch for big tech stocks, as the other six largest tech companies by market capitalization—Apple, Microsoft, Alphabet, Amazon, Meta and Tesla—have posted an average return of -1% so far this year.BIG NUMBER375%. That’s about how much Nvidia stock has returned since its shares bottomed in October 2022. That’s roughly twice as strong a return as the S&P’s next highest gainer and a 10 times stronger return than the index’s 36% gain.Table: Derek Saul; Source: FactSetGet the data; Created with DatawrapperKEY BACKGROUNDNvidia joined the ranks of the elusive $1 trillion market cap club last year as investors flooded into the stock for its potential to capitalize on the surging popularity of generative artificial intelligence. Nvidia, which sells the semiconductor chips powering much of the AI boom, is one of the few companies to directly translate AI buzz into tangible growth. Nvidia’s $9 billion of profit in its most recent quarter was about 12 times greater than the same period in 2022.SURPRISING FACTA $1,000 investment in Nvidia 10 years ago would be worth about $134,000 today. The same amount invested into Apple stock would be worth about $10,000, and an S&P 500 index fund would be worth about $3,100.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":261536488591600,"gmtCreate":1704862045861,"gmtModify":1704862050049,"author":{"id":"3575712158925738","authorId":"3575712158925738","name":"JP24","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575712158925738","authorIdStr":"3575712158925738"},"htmlText":"Watch out for a huge sell off afterwards..","listText":"Watch out for a huge sell off afterwards..","text":"Watch out for a huge sell off afterwards..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261536488591600","repostId":1198605487,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1198605487"}