Comparison of Nvidia and AMD as AI stocks to buy, with Nvidia outperforming historically.
From Nasdaq: 2024-08-26 09:49:27
Fool.com contributor Parkev Tatevosian compares Nvidia (NASDAQ: NVDA) with AMD (NASDAQ: AMD) to determine the better AI stock to buy today. Stock prices used were the afternoon prices of Aug. 22, 2024. The video was published on Aug. 24, 2024.
Should you invest $1,000 in Nvidia right now? The Motley Fool Stock Advisor team identified 10 best stocks for investors to buy now, and Nvidia wasn’t one of them. Consider that if you invested $1,000 in Nvidia on April 15, 2005, you’d have $792,725. Stock Advisor has outperformed the S&P 500 since 2002.
Parkev Tatevosian, CFA, has no position in mentioned stocks. The Motley Fool has positions in and recommends AMD and Nvidia. Parkev Tatevosian is an affiliate of The Motley Fool and may earn money by promoting its services. Subscribe through his link to support his channel. Opinions remain his own and are independent of The Motley Fool.
Read more at Nasdaq: Best AI Stock? Nvidia Stock vs. AMD Stock