NVIDIA Stock Continues to Be Wall Street’s Favorite: Here's Why
NVIDIA Corp. (NASDAQ: NVDA) closed at a 52-week high on October 14. This continues an impressive run for the stock which is up 177% in 2024 and 202% in the last 12 months, massively outperforming other technology stocks. The company’s market capitalization also jumped $519 billion in the nine days ending October 14, 2024.
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The chips company has a market valuation of $3.31 trillion, $150 billion below the iPhone maker’s $3.46 trillion.
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