Investing.com – It did it: Nvidia (NASDAQ:) became the new company with a capitalization value of 3 trillion dollars. Around 1:10 p.m., Mexico City time, the technology shares rose 5% to $1,222.75 each.
With this increase, the capitalization value rose to 3.006 billion dollars, even managing to slightly exceed the capitalization value of Apple (NASDAQ:), which at the same time stood at 3.005 billion with its shares trading at 195.98 dollars.
What would you think if we told you that you could have bought a share of Nvidia at $423.25, and not more than the $1,220 it currently costs?
This would have been possible thanks to the ProPicks of InvestingPro, since this stock was also included in the “Outperform the S&P 500” strategy in November. Since then, Nvidia is up almost 200%. Are you going to miss out on these impressive climbs again? With the ProPicks of InvestingPro You will not fall into one of the biggest frustrations of investors again by passing up the opportunities they have in front of their eyes.
Investors are waiting for the stock split that will occur on Friday, June 7, in a ratio of 10 to 1, which could increase their liquidity and demand for the papers given the rise of Artificial Intelligence that has strongly boosted the business. from Nvidia for more than a year.
Added to this is the launch of new products, something that has been criticized by analysts, while Elon Musk, founder and director of Tesla (NASDAQ:), has said that the estimated spending on Nvidia products by the manufacturer of electric vehicles would be between 3,000 and 4,000 million dollars in 2024.
As of this morning, Apple and Nvidia were in a very close race to be crowned the second largest company by market capitalization value, only below Microsoft (NASDAQ:), and with the possibility of establishing themselves as the next company of the 3 trillion dollars. But various technical signals anticipate that both values could eventually face a correction of between 15 and 18%.
Subscribers to InvestingPro who invest or want to invest in Apple and Nvidia, now have the opportunity to access the strategies ProPicksdesigned by Artificial Intelligence, that integrate these technological values, and that have proven to deliver explosive profits that have far exceeded the S&P 500.
These strategies are rebalanced every month, so now is the perfect opportunity for you to join InvestingPro and get the updated selection for the biggest profits in June. As data on the potential: 33% of the actions detected and selected in the ProPicks They performed above the market average. It stands out that 20 securities delivered returns greater than 10%, 8 rose more than 20% and three of them gained more than 30%.
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Nvidia is part of the strategies Technological Titans, which is made up of 15 companies at the forefront of the technology sector with impressive metrics and innovations and that offer the most interesting technological opportunities. With a diversified investment you will also be able to neutralize the losses that could occur if Nvidia shares plummet.
In the period between January 1, 2013 and June 1, 2024, this set of securities has delivered an explosive return of 1,768.6%, beating by almost 1,500% the return delivered by the S&P 500 of 270%. In annualized terms, “Technological Titans” currently observes a profitability of 29.2%, notably exceeding the 11.9% of the S&P 500 and even more than the 15.9% delivered annually by the reference technology index.
On the other hand, Apple is one of the stars of the strategy ProPicks “The Best of Buffett”. To make this selection, cutting-edge Artificial Intelligence has analyzed all the stocks in the portfolio of the “Oracle of Omaha”, Warren Buffett, and has determined which are the best 15 stars of an already stellar group.
Between September 1, 2013 and until June 1, 2024, this selection has shown a total return of 381.2%, beating by more than 158% the performance observed by the S&P 500 of 223.2% during this period. In annualized terms, “Technological Titans” currently observes a profitability of 15.7%, surpassing the 11.5% of the S&P 500.
Investors now have the opportunity to not miss another opportunity with their subscription to InvestingPro . Are you still not a user? Do not worryyes! Access the ProPicks right now by clicking in this link with which we give you a discount of more than 40%.
Are you not convinced by these technological giants?
As a subscriber to InvestingPro You will have access to ProPicks strategies, which are a series of stocks selected by our Artificial Intelligence proven to significantly outperform the S&P 500.
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