Since David Gardner’s initial recommendation of Nvidia (NASDAQ: NVDA) on April 15, 2005, the stock has posted a return of 107,479%, significantly outperforming a passive S&P 500 index investor’s return of 726% over the same period. Nvidia is noted as the first Stock Advisor pick to achieve more than 1,000 times in value.
Nvidia’s recent milestone includes breaking the $4 trillion valuation mark in July, alongside Microsoft (NASDAQ: MSFT), marking a remarkable ascent from its initial price point of $0.16 in 2005. The stock has doubled in value ten times, achieving these milestones in varied time frames, often within less than three years.
Nvidia’s journey, however, was not devoid of volatility, experiencing an 85% decline shortly after a peak in 2007, demonstrating the challenges of holding onto winners through periods of uncertainty. Despite this, the stock has had 10 calendar years with gains over 100%, showcasing its capacity for significant growth over time.
