Nvidia Just Split Its Stock — Here’s What It Means for Investors

Nvidia (NASDAQ: NVDA) has been one of the stock market’s biggest success stories in 2024 and recently decided to complete a 10-for-1 stock split. While this can certainly be an encouraging sign, Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe discuss what it means (and doesn’t mean) to investors and highlight some high-priced stocks that might not be inclined to follow Nvidia’s lead.

*Stock prices used were the morning prices of June 24, 2024. The video was published on June 25, 2024.

Should you invest $1,000 in Nvidia right now?

Before you buy stock in Nvidia, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $759,759!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of June 24, 2024

Matt Frankel has positions in Markel Group and MercadoLibre. Tyler Crowe has positions in Markel Group. The Motley Fool has positions in and recommends Markel Group, MercadoLibre, NVR, and Nvidia. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Nvidia Just Split Its Stock — Here’s What It Means for Investors was originally published by The Motley Fool