If there’s one stock that’s creating FOMO for investors, it’s Nvidia.
The AI boom has led to the company’s market cap skyrocketing from $360 billion to $2.1 trillion within just 15 months. Here are a few reasons why people can’t ignore the company
In 2024, Nvidia added close to $20 billion to its market cap every day!
In February, Nvidia grew by $277 billion in a single day. This is higher than the market cap of even Reliance Ind, the largest Indian conglomerate, which stands at $240 billion.
Yes, they can. Here’s a list of the mutual funds directly investing in Nvidia.
Percentage of net assets in Nvidia: 0.8%
Percentage of net assets in Nvidia: 1.3%
Percentage of net assets in Nvidia: 4.6%
Percentage of net assets in Nvidia: 5.6%
Percentage of net assets in Nvidia: 5.6%
Percentage of net assets in Nvidia: 7.9%
Percentage of net assets in Nvidia: 14.2%
While it may seem appealing to invest in the above funds, we suggest not blindly investing just for the sake of buying Nvidia's shares.
Do your due diligence and assess your financial needs of requiring an international fund for geographical diversity before deciding to invest.