5 Reasons Nvidia Stock Might Drop Over 50%
2024-06-19 21:07:00+00:00 - Scroll down for original article
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Shares of Nvidia (NASDAQ: NVDA) have gone nowhere but up over the past two years, and it seems the company can do nothing wrong. But there are historical examples of industry leaders like Nvidia falling 50% or more when the market doesn't live up to the hype, competitors come in, or the market takes a turn for the worst. In this video, Travis Hoium shows why Nvidia shareholders should expect more volatility ahead. *Stock prices used were end-of-day prices of June 18, 2024. The video was published on June 19, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $830,777!* 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*. See the 10 stocks » *Stock Advisor returns as of June 10, 2024 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Matterport, and Unity Software. The Motley Fool has positions in and recommends Alphabet, Amazon, Cisco Systems, Matterport, Meta Platforms, Microsoft, Nvidia, and Unity Software. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 5 Reasons Nvidia Stock Might Drop Over 50% was originally published by The Motley Fool