Nvidia's Sky-High Stock Raises Concerns
By
Armando Silva dos Santos
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Nvidia Corp.'s incredible runup in 2023 has sparked worries among even optimistic investors about the future potential of its shares. With a staggering nearly 550% gain in the past year, concerns have mounted regarding the sustainability of such a remarkable surge. Although Nvidia's profit and revenue growth are substantial, the unprecedented rally is often associated with capturing years of profit growth that are yet to materialize. Moreover, the stock's market dominance is evidenced by an astounding $2 trillion increase in value over the past 15 months.