Nvidia (NASDAQ: NVDA) has achieved a remarkable 27,590% growth over the past decade, largely driven by the rise in AI demand for its discrete GPUs. Over the last 12 months, Nvidia’s stock increased by 16%, despite facing export restrictions and economic challenges.
Investors seeking amplified returns may consider the GraniteShares 2x Long NVDA Daily ETF (NASDAQ: NVDL), which aims to double Nvidia’s daily returns. However, the ETF has seen its shares decline by 17% in the past year, even as Nvidia’s stock rose, highlighting its risks associated with daily reset objectives and leveraged losses.
Analysts project Nvidia’s revenue and earnings per share will grow at compound annual rates of 30% and 28%, respectively, from fiscal 2025 to 2028, making direct investment in Nvidia a potentially better long-term strategy compared to the GraniteShares ETF.
