Nvidia stock is up significantly, driven by AI chip demand, and may already be in portfolios.

From Barron’s: 2024-05-28 16:16:00

Nvidia stock is soaring, up 15% in a week and 33% in a month. Earnings have more than doubled, driven by AI chip demand. Profit margin sits at nearly 70%. Analysts argue it’s worth the high valuation. Most investors likely already own Nvidia through S&P 500 or other ETFs. Consider diversification and avoid FOMO in buying now after recent rally.



Read more at Barron’s: Why You Don’t Need Need to Buy Nvidia Stock Right Now