Nvidia recently announced the membership on its cloud platform known as GeForce NOW RTX 3080 membership. With that in mind, let’s dig deeper into my investment theses for NVDA stock. The company has solid financials and holds a dominant position in the industry. NVDA stock is exchanging hands at $253 today and is up 65% in the past six months. However, the stock is only going to move upwards. After a recent stock split, NVDA stock is trading at all-time highs. Nvidia is one of the top tech companies today and it is consistently expanding its market share.
Despite the pandemic, the growth of companies like Nvidia ( NASDAQ: NVDA ) has not slowed and it is only going to continue hitting new highs in the coming years. Technology has been a crucial part of our lives and tech stocks have become hot property in 2021.
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