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2 Reasons to Buy NVDL and 3 Reasons Not to
Nvidia (NASDAQ: NVDA), one of the market's hottest growth stocks, has surged 27,590% over the past decade as its sales of discrete GPUs soared. That boom was largely fueled by the expansion of the AI market, which drove many companies to upgrade their data centers with its top-tier GPUs to process complex machine learning and AI tasks.Nvidia's stock rose about 16% over the past 12 months, even as the company grappled with tighter export curbs, tariffs, and other macroeconomic headwinds. However, investors who wanted even bigger gains were likely drawn toward the GraniteShares 2x Long NVDA Daily ETF (NASDAQ: NVDL), which aims to double Nvidia's gains on a daily basis.Image source: Getty Images.Continue reading
Nvidia (NASDAQ: NVDA), one of the market's hottest growth stocks, has surged 27,590% over the past decade as its sales of discrete GPUs soared. That boom was largely fueled by the expansion of the AI market, which drove many companies to upgrade their data centers with its top-tier GPUs to process complex machine learning and AI tasks.
Nvidia's stock rose about 16% over the past 12 months, even as the company grappled with tighter export curbs, tariffs, and other macroeconomic headwinds. However, investors who wanted even bigger gains were likely drawn toward the GraniteShares 2x Long NVDA Daily ETF (NASDAQ: NVDL), which aims to double Nvidia's gains on a daily basis.
Image source: Getty Images.
