If you invested $1,000 in Nvidia stock 20 years ago, you'd almost be a millionaire today [Fortune]
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Source: Fortune
In a note on Tuesday, Bespoke calculated that a $1,000 investment in Nvidia stock 20 years ago would be worth about $944,000 now, meaning you would be on the cusp of being a millionaire. Related Video Maybe that's not quite enough to immediately quit your job and retire, but more money on the front end would certainly get you there. A $10,000 Nvidia investment would be worth $9.44 million today, and $100,000 would be $94.4 million, according to Bespoke. Of course, that would've required a significant level of faith to hold onto Nvidia through some white-knuckle market downturns like the Great Financial Crisis, the COVID-19 pandemic, and the Federal Reserve's most aggressive rate-hiking campaign in over 40 years. Bespoke also pointed out that Nvidia is the best performer on a total-return basis over the last two decades among all stocks on the S&P 1500 , which includes the large-cap S&P 500, the S&P MidCap 400 and S&P SmallCap 600. You can thank the AI boom, which propelled
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TPL
Earnings
- 8/7/24 - Miss
TPL
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 4
- 12/18/24 - Form 4
- TPL's page on the SEC website