Nvidia Stock Heading to $1,000?

By Parkev Tatevosian, CFA – Feb 29, 2024 at 4:15AM

NASDAQ: NVDA

Nvidia

Market Cap

$2,193B

Today's Change

(6.18%) $51.03

Current Price

$877.35

Price as of April 26, 2024, 4:00 p.m. ET

The artificial intelligence tailwind is lifting Nvidia stock to remarkable levels.

Fool.com contributor Parkev Tatevosian evaluates the probability that Nvidia's (NVDA 6.18%) stock price will reach $1,000.

*Stock prices used were the afternoon prices of Feb. 26, 2024. The video was published on Feb. 28, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.