fbpx
QQQ
+ 0.00
324.41
+ 0%
DIA
-0.04
343.69
-0.01%
SPY
-0.04
415.56
-0.01%
TLT
+ 0.00
136.79
+ 0%
GLD
+ 0.02
174.68
+ 0.01%

Here's How Much Investing $100 In Nvidia Stock Back In 2010 Would Be Worth Today

December 30, 2019 3:20 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Here's How Much Investing $100 In Nvidia Stock Back In 2010 Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE:SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way.

Nvidia's Big Decade

One of the top performers of the decade was semiconductor stock NVIDIA Corporation (NASDAQ:NVDA).

Nvidia produces graphics and video processors for gaming PCs, workstations, gaming consoles, servers and other applications. The rise of data centers, online and mobile gaming and even cryptocurrency mining created a boom in demand for Nvidia’s high-end chips throughout the 2010s.

Incredibly, Nvidia shares started the 2010s trading at around $18.50 and stumbled out of the gate. The stock hit its low point of the decade at $7.97 in late 2010. In fact, Nvidia was still trading below $20 as late as mid-2015 before the stock caught fire and exploded higher to close out the decade. By late 2016, Nvidia had surpassed the $100 level, and it hit $200 in late 2017.

Nvidia hit its high water mark for the 2010s at $291.33 in late 2018 before cooling a bit in 2019. Regardless, the popular semi stock was without a doubt one of the best investments of the decade.

In fact, $100 worth of Nvidia stock in 2010 would be worth more than $1,420 today.

2020 And Beyond

Looking ahead, analysts expect more consolidation from Nvidia in 2020. The average price target among the 34 analysts covering the stock is just $240, suggesting only 1.3% upside from current levels.

Related Links:

10 Worst Performing S&P 500 Stocks Of 2019

10 Best Performing S&P 500 Stocks Of 2019


Related Articles

Cathie Wood Cuts Apple Stake Almost Entirely — And Buys More Coinbase

Cathie Wood-led Ark Investment Management on Monday shed nearly all of its stake in Apple Inc (NASDAQ: AAPL) and continued to snap up shares of Coinbase Global Inc (NASDAQ: COIN). read more

20 Picks From The 2021 CNBC 'Stock Draft': Bitcoin, Amazon, Ark Lead The Way

The annual CNBC Stock Draft was held on Thursday. Ten professional investors, athletes and celebrities each chose two picks from a list of 60 investment ideas. The contest will crown the winner as the team with the highest average return from April 29, 2021, to Feb. 11, 2022, the Friday before the Super Bowl. read more

Cathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase

Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments company Square Inc (NYSE: SQ), estimated to be worth $35.7 million as of Tuesday's close, as it looks to rebalance its portfolio. read more

Cathie Wood Adds $33.8M Shares In Shopify, Sells More Square To Pile Up Coinbase

Cathie Wood-led Ark Investment Management on Monday snapped up 28,989 shares of the Canadian e-commerce company Shopify Inc (NYSE: SHOP), worth about $33.8 million, as the stock jumped ahead of its scheduled earnings report later this week. read more