Although Nvidia's shares lost momentum after the split on June 10, recent trading indicates that they have resumed their upward trajectory. As of November 7, they were trading at $145.61, and by November 9, the price had risen to $147.63. Since the beginning of the year, the shares have increased by 202.30%, and Donald Trump's victory in the presidential election has allowed them to climb even higher.
Why Nvidia's shares are worth attention and what are the risks
Analyzing the historical price trends of NVDA, it can be asserted that this is a reliable investment for both seasoned experts and newcomers.
Despite the overall optimism, some analysts express concerns that the company may slow its growth by 2025. In addition to a potential market correction (many companies' stocks are currently considered overvalued), the brand may face certain negative impacts if Trump's policies disrupt global supply chains.
For instance, Dan Ives from Wedbush stated shortly before the election that companies like Nvidia, Tesla (NASDAQ: TSLA), and Apple (NASDAQ: AAPL) could be adversely affected if the Republican candidate wins, particularly due to the risk of a trade war stemming from tariff policies.
A major change in tariffs/harsher stance on China would significantly impact the supply chain, Nvidia, Beijing retaliatory Apple/Tesla likely, and slow the pace of the AI Revolution. Big Tech/AI we view a Harris win as more bullish; Trump win as a net negative for Big Tech
— Dan Ives (@DivesTech) November 4, 2024