Nvidia Shares Plummet Post-Earnings

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Nvidia shares

The Motley Fool

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Is Arm a better AI stock than Nvidia? Let's take a closer look

Summary

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79% Informative

Nvidia shares closed down 6.4% for the day , but the sell-off was more to do with valuation and growth concerns.

Many of its AI chip stock peers were up for most of the session, and one, in particular, was a big winner.

Nvidia is now worth $3 trillion , meaning the upside for the stock has become more limited even as it posts blowout growth.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 731,449 !

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month . The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002

Stock Advisor returns as of September 3, 2024 Sell Nvidia , Buy Arm ? was originally published by The Motley Fool .

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