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NVDANVIDIA Corporation$169.00
24h
+2.77%
11 Nov, 12:29
Long-term buy recommendation for AI semiconductor leader
Bullish+0.07%
AI Summary
The author recommends buying and holding Nvidia indefinitely due to its dominant position in AI chip manufacturing and strong financial performance.
I have a net worth of over $1,100,000 at age 35.
If I had to start over, I would buy and hold these 10 stocks forever:
1. $NVDA - Nvidia
Nvidia sells the chips at the center of the AI buildout. Revenue grew 106% to $96.2B last quarter at a 75% gross margin, and data center revenue grew 117% to $89B. It guided to $108B for the quarter it reports on November 17 and returned $26B to shareholders in the last one.