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Money Rehab with Nicole Lapin

Nvidia is the Hottest Stock Right Now— But Should You Invest?

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.61.7K Ratings

🗓️ 7 March 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Nvidia is the hottest thing on Wall Street right now— but is now a good time to buy? If you haven't invested, have you missed your chance? Nicole explains how the pros are answering that question, what Nvidia actually does and how to benefit from this magic stock.

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:06.3

It's time for some money rehab. The big story that's been dominating news on Wall Street for months now can be summed up in one word in video.

0:21.0

I don't know if I can even remember the last time I opened up

0:24.3

NBC or the Wall Street Journal and didn't see a headline about the tech

0:28.0

darling and it is living up to the hype. If you invested a thousand bucks in

0:32.4

NVIDIA just five years ago when the price was around to the

0:34.0

high price

0:35.0

$1,000 in invidia just five years ago when the price was around $37 a pop,

0:36.0

you'd have turned your investment into over $21,000.

0:41.0

As we know, the best investing advice that we have is to buy low and sell high and you certainly

0:46.8

don't want to do the opposite buying high and selling low. That is a surefire way to lose money.

0:51.6

So investors are now wondering, is it still a good idea to buy

0:55.2

invidia or is this the high? Today I'm going to explain how experts are answering that very

1:00.0

question what the heck invidia actually does and how to benefit from this magical

1:05.0

stock.

1:06.0

Invidia was founded in 1993 and its original claim to fame was creating really cutting

1:11.1

edge graphics processing units or

1:13.4

gpews. You may have heard that invidia is a chip manufacturer. These

1:17.8

gpus are actually what folks are referring to when they're talking about

1:21.5

invidious chips.

1:22.8

Now, in video tech has supported all of the big video game players out there,

1:26.5

Roblocks, HALO, Fortnite, Call of Duty, Grand Theft Auto,

...

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