Markets 2024: Breaking down the year's best performing trades
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2024
0mins
Should l Buy NVDA?
Source: Yahoo Finance
Market Analysis: Catalysts co-hosts Madison Mills and Seana Smith discuss the top market performers for 2024, focusing on record ETF inflows, increased investments in artificial intelligence, and leading S&P 500 stocks as the year concludes.
Expert Insights: The discussion highlights the latest market trends and provides expert analysis for viewers interested in understanding current market dynamics.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NVDA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 174.400
Low
200.00
Averages
264.97
High
352.00
Current: 174.400
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is an artificial intelligence (AI) infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. Its segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing and networking platforms and AI solutions and software, and automotive platforms and autonomous and electric vehicle solutions, including software. The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), and Quadro/NVIDIA RTX GPUs for enterprise workstation graphics. Its technology stack includes the foundational NVIDIA CUDA development platform that runs on all NVIDIA GPUs, as well as hundreds of domain-specific software libraries, frameworks, algorithms, software development kits (SDKs), and application programming interfaces (APIs). Its platforms address four markets, which include Data Center, Gaming, Professional Visualization, and Automotive.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nvidia Reopens Key AI Market in China Amid Risks
- Market Reopening: Nvidia has reopened its operations in China, one of the world's most crucial AI markets, presenting potential for revenue growth despite existing policy risks that complicate the narrative.
- Policy Risks: While the opportunities in the Chinese market are significant, uncertainties surrounding government regulations and market access could impact Nvidia's long-term strategic positioning in the region.
- Investment Opportunities: Analysts suggest that despite the high costs associated with re-entering the market, Nvidia could leverage technological innovation and adaptability to capture growth opportunities in China, enhancing its global competitiveness.
- Future Outlook: As demand for AI technology continues to rise in China, Nvidia's market strategy will need to be agile to navigate the complex policy landscape and maximize returns on its investments in the region.
See More
Investors Remain Bullish on Artificial Intelligence Stocks
- Investor Confidence: According to recent research by The Motley Fool, 59% of investors surveyed on March 3, 2026, hold AI stocks, indicating strong investor confidence in AI despite the tech sector's slump.
- Youth Engagement: The survey reveals that Gen Z and millennials have the highest AI stock ownership rates at 67% and 66%, respectively, highlighting the younger generation's keen interest and willingness to invest in future technologies.
- Major Investment Plans: Leading tech giants like Alphabet, Amazon, Meta, and Microsoft are projected to spend between $600 billion and $700 billion on AI data centers by 2026, reflecting their commitment to the AI sector and confidence in future growth.
- Nvidia's Success Story: Nvidia's stock has surged 1,190% over the past five years, exemplifying a successful investment in AI infrastructure, which encourages investors to consider opportunities in this rapidly evolving field.
See More
Micron Technologies Surpasses Earnings Expectations Amid AI Demand Surge
- Impressive Earnings: Micron Technologies reported nearly $24 billion in revenue for the latest quarter, nearly tripling year-over-year and exceeding market expectations by approximately $4 billion, with gross margins doubling to 74%, reflecting strong market demand and pricing power.
- Strong Future Guidance: The company guided for $33.5 billion in revenue for the upcoming quarter, significantly above analysts' expectations of $24.3 billion, indicating robust confidence in AI infrastructure investments that could drive sustained future growth.
- Strategic Customer Agreements: Micron is entering long-term strategic agreements with customers, including its first five-year contract, enhancing visibility into future business and potentially altering the cyclical nature of the memory market, thereby boosting the company's competitive edge.
- Cautious Market Reaction: Despite the strong earnings report, Micron's stock fell by 2.8%, partly due to market concerns over potential Fed interest rate hikes and geopolitical tensions in the Middle East, reflecting investor caution regarding future demand.
See More
Cathie Wood's Latest Moves in AI Stocks
- Buying AI Stocks: Cathie Wood is strategically investing in AI stocks during market dips, recently selling 4,189 shares of Alphabet, 5,707 shares of Broadcom, and 120,936 shares of Nvidia in her Ark Innovation fund, showcasing her opportunistic approach amid volatility.
- Portfolio Adjustments: While reducing positions in several AI leaders, Wood retains AMD as one of her top ten holdings, indicating her continued confidence in the company's long-term potential, with AMD accounting for 4% of the fund's weight.
- New Investment Opportunities: During the market correction, Wood purchased 41,830 shares of CoreWeave, reflecting her belief in innovative opportunities within the AI sector, particularly in cloud capacity, which aligns with her forward-looking investment strategy.
- Investment Strategy Considerations: Wood's approach emphasizes long-term holding, advising investors to assess their risk tolerance when selecting AI stocks, especially in the current market environment, where seeking companies with stable earnings growth may be a more prudent choice.
See More
Nvidia Reopens Key AI Market in China Amid Risks
- Market Reopening: Nvidia has reopened its operations in China, one of the world's most crucial AI markets, which could lead to significant growth opportunities despite ongoing policy risks that complicate the narrative.
- Investment Caution: While Nvidia maintains a strong position in the AI sector, it was notably excluded from the Motley Fool Stock Advisor's current list of top investment stocks, indicating that investors should carefully weigh potential risks before making decisions.
- Historical Returns Comparison: Historically, Nvidia was recommended in 2005, and an investment of $1,000 at that time would have grown to $1,069,165, showcasing its robust market performance, yet future returns remain contingent on market fluctuations.
- Industry Competition: Nvidia faces competition from other tech companies, particularly those providing critical technologies labeled as
See More
Analysis of Cathie Wood's AI Investment Strategy
- Investment Strategy Shift: Cathie Wood has opted to reduce her positions in AI stocks during recent declines, particularly in her flagship Ark Innovation fund, although AMD remains a key holding at 4%, indicating her sensitivity to market dynamics.
- Long-Term Holding Philosophy: Wood adheres to a long-term investment strategy focused on early-stage innovative companies, demonstrating confidence in future growth potential despite short-term volatility in AI stocks.
- New Investment Opportunities: On March 30, Wood increased her stake in CoreWeave by 41,830 shares, reflecting her belief in the importance of cloud capacity for AI workloads and her determination to seek new opportunities amid market corrections.
- Risk and Reward Considerations: For risk-tolerant investors, Wood's investment in CoreWeave offers high growth potential, while more conservative investors might find stability and earnings growth in the AI leaders she recently sold.
See More
Nvidia Reopens Key AI Market in China Amid Risks
- Market Reopening: Nvidia has reopened its operations in China, one of the world's most crucial AI markets, presenting potential for revenue growth despite existing policy risks that complicate the narrative.
- Policy Risks: While the opportunities in the Chinese market are significant, uncertainties surrounding government regulations and market access could impact Nvidia's long-term strategic positioning in the region.
- Investment Opportunities: Analysts suggest that despite the high costs associated with re-entering the market, Nvidia could leverage technological innovation and adaptability to capture growth opportunities in China, enhancing its global competitiveness.
- Future Outlook: As demand for AI technology continues to rise in China, Nvidia's market strategy will need to be agile to navigate the complex policy landscape and maximize returns on its investments in the region.
See More
Investors Remain Bullish on Artificial Intelligence Stocks
- Investor Confidence: According to recent research by The Motley Fool, 59% of investors surveyed on March 3, 2026, hold AI stocks, indicating strong investor confidence in AI despite the tech sector's slump.
- Youth Engagement: The survey reveals that Gen Z and millennials have the highest AI stock ownership rates at 67% and 66%, respectively, highlighting the younger generation's keen interest and willingness to invest in future technologies.
- Major Investment Plans: Leading tech giants like Alphabet, Amazon, Meta, and Microsoft are projected to spend between $600 billion and $700 billion on AI data centers by 2026, reflecting their commitment to the AI sector and confidence in future growth.
- Nvidia's Success Story: Nvidia's stock has surged 1,190% over the past five years, exemplifying a successful investment in AI infrastructure, which encourages investors to consider opportunities in this rapidly evolving field.
See More
Micron Technologies Surpasses Earnings Expectations Amid AI Demand Surge
- Impressive Earnings: Micron Technologies reported nearly $24 billion in revenue for the latest quarter, nearly tripling year-over-year and exceeding market expectations by approximately $4 billion, with gross margins doubling to 74%, reflecting strong market demand and pricing power.
- Strong Future Guidance: The company guided for $33.5 billion in revenue for the upcoming quarter, significantly above analysts' expectations of $24.3 billion, indicating robust confidence in AI infrastructure investments that could drive sustained future growth.
- Strategic Customer Agreements: Micron is entering long-term strategic agreements with customers, including its first five-year contract, enhancing visibility into future business and potentially altering the cyclical nature of the memory market, thereby boosting the company's competitive edge.
- Cautious Market Reaction: Despite the strong earnings report, Micron's stock fell by 2.8%, partly due to market concerns over potential Fed interest rate hikes and geopolitical tensions in the Middle East, reflecting investor caution regarding future demand.
See More
Cathie Wood's Latest Moves in AI Stocks
- Buying AI Stocks: Cathie Wood is strategically investing in AI stocks during market dips, recently selling 4,189 shares of Alphabet, 5,707 shares of Broadcom, and 120,936 shares of Nvidia in her Ark Innovation fund, showcasing her opportunistic approach amid volatility.
- Portfolio Adjustments: While reducing positions in several AI leaders, Wood retains AMD as one of her top ten holdings, indicating her continued confidence in the company's long-term potential, with AMD accounting for 4% of the fund's weight.
- New Investment Opportunities: During the market correction, Wood purchased 41,830 shares of CoreWeave, reflecting her belief in innovative opportunities within the AI sector, particularly in cloud capacity, which aligns with her forward-looking investment strategy.
- Investment Strategy Considerations: Wood's approach emphasizes long-term holding, advising investors to assess their risk tolerance when selecting AI stocks, especially in the current market environment, where seeking companies with stable earnings growth may be a more prudent choice.
See More
Nvidia Reopens Key AI Market in China Amid Risks
- Market Reopening: Nvidia has reopened its operations in China, one of the world's most crucial AI markets, which could lead to significant growth opportunities despite ongoing policy risks that complicate the narrative.
- Investment Caution: While Nvidia maintains a strong position in the AI sector, it was notably excluded from the Motley Fool Stock Advisor's current list of top investment stocks, indicating that investors should carefully weigh potential risks before making decisions.
- Historical Returns Comparison: Historically, Nvidia was recommended in 2005, and an investment of $1,000 at that time would have grown to $1,069,165, showcasing its robust market performance, yet future returns remain contingent on market fluctuations.
- Industry Competition: Nvidia faces competition from other tech companies, particularly those providing critical technologies labeled as
See More
Analysis of Cathie Wood's AI Investment Strategy
- Investment Strategy Shift: Cathie Wood has opted to reduce her positions in AI stocks during recent declines, particularly in her flagship Ark Innovation fund, although AMD remains a key holding at 4%, indicating her sensitivity to market dynamics.
- Long-Term Holding Philosophy: Wood adheres to a long-term investment strategy focused on early-stage innovative companies, demonstrating confidence in future growth potential despite short-term volatility in AI stocks.
- New Investment Opportunities: On March 30, Wood increased her stake in CoreWeave by 41,830 shares, reflecting her belief in the importance of cloud capacity for AI workloads and her determination to seek new opportunities amid market corrections.
- Risk and Reward Considerations: For risk-tolerant investors, Wood's investment in CoreWeave offers high growth potential, while more conservative investors might find stability and earnings growth in the AI leaders she recently sold.
See More
