From Nasdaq: 2024-05-10 18:45:00

1. Nvidia’s stock continues to soar as artificial intelligence technology becomes more prevalent in the tech industry. Despite competition from other companies, Nvidia’s GPUs remain the top choice for AI processing. A Goldman Sachs analyst predicts a 22% potential gain for investors in the coming year, touting Nvidia’s superior technology and profitability.

2. Investors are advised to consider investing in Nvidia, with the Motley Fool Stock Advisor team identifying it as one of the top 10 best stocks to buy. The service has a track record of providing high returns compared to the S&P 500, with Nvidia being a notable success story for investors who got in early.

3. A board member of Alphabet and former CEO of Amazon are among those with positions in Nvidia and other tech giants mentioned in the article. The Motley Fool also holds positions in these companies and recommends them to investors. Engaging with these companies can potentially yield profitable results for investors.



Read more at Nasdaq: Is Nvidia Stock Going to $1,100? 1 Wall Street Analyst Thinks So.