Prediction: Nvidia stock will increase by about seven to 17 times in five years, depending upon the level of competition and assuming the U.S. economy remains at least relatively healthy for most of this period.
Nvidia ( NVDA -0.31% ) stock has been a fantastic performer over the short and long terms. Shares of the artificial intelligence (AI) chip and infrastructure leader have returned 1,440% and 26,960% over the last three years and decade, respectively, as of Friday, Oct. 17. These performances have transformed a $1,000 investment into $15,400 and $270,600, respectively. By comparison, one grand invested in the S&P 500 index has turned into $1,894 in three years and $3,910 in 10 years.
With Nvidia stock's eye-popping gains, it's easy to wonder if you missed your chance at