Nvidia Corporation (NASDAQ: NVDA) has continued its meteoric rise and it is now up 54% in just 6 months.
This article explains everything you need to know before you invest in Nvidia. Find out what the company is, what its investment prospects are, and whether or not you should buy shares today.
To kick things off nicely, our team of analysts have listed below the two best places to buy Nvidia shares in the UK and elsewhere to save you some time.
Where to buy Nvidia stock online
If you want to invest in Nvidia or any other public company, choose a stockbroker, sign up, deposit funds and buy Nvidia shares.
We feel the two options below are the best platforms to buy, sell and trade NVDA stock:
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.
What is Nvidia?
Based in California, United States, and founded in 1993, Nvidia Corp. is a multinational tech company. It designs and sells graphics processing units (GPUs) for both gamers and professionals, and it also sells chip units for mobiles and vehicles.
With the emergence of 5G technology in the last few years, it has quickly become one of the world’s largest 5G chip manufacturers. While the company’s growth was consistent and robust for many years, the 5G tech revolution has now accelerated its ability to generate shareholder value.
Should I buy NVDA shares?
We feel Nvidia strikes a nice balance between the fundamental value of a large-cap tech company with the rapid growth usually seen with a company a tenth of its size.
So, if you are looking for a balanced tech stock to add to your portfolio, and you also believe in the 5G macro story, Nvidia is definitely a company to consider.
However, before you do anything, make sure you conduct your own due diligence first to avoid making any silly errors.
NVDA price prediction
Our Nvidia price target is as follows: a 12-month average of $700, with a high of $1000 and low of $400.