Nvidia is a strong buy with AI market momentum, while Virgin Galactic is risky

From Yahoo Finance: 2024-06-27 06:19:00

Investors have seen several stock splits in 2024, with Walmart and Chipotle completing splits and Nvidia and Virgin Galactic also undergoing changes. Nvidia, with its AI market momentum, is a strong opportunity for long-term investors, despite a high P/E ratio. On the other hand, Virgin Galactic’s reverse stock split resulted in a share reduction and significant operating losses, making it a risky investment. While Nvidia benefits from rising demand for its AI products, Virgin Galactic faces tough competition in a niche market, making it a speculative investment that should be avoided.



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