Will Nvidia Stock Join the Dow After Its 10-for-1 Split?
The stock split could help Nvidia secure a place on the Dow Jones Industrial Average, replacing Intel. This would set an extremely positive tone for the already strong company as it prepares to rise even further in the second half of 2024.
Nvidia stock has risen 12% over the past week and looks primed to continue rising. The momentum from the Q1 earnings beat and enthusiasm for the pending stock split should be enough to keep it on an upward trajectory for the foreseeable future.
The question remains, though, can it make it onto the Dow Jones Industrial Average?
At this point, it certainly seems likely.![]()
The question remains, though, can it make it onto the Dow Jones Industrial Average?
At this point, it certainly seems likely.
Will Nvidia Topple Intel?![]()
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At this point, it seems inevitable that Nvidia stock will end up kicking Intel out of DJIA.
While NVDA has been rising steadily over the past year, INTC has been gradually trending downward and bleeding value. Its shares are down 35% in the year to date and are up just 6% over the past 12 months.
Intel is facing new problems due to the looming trade restrictions against certain U.S.-China trade, which will include semiconductors. Although Nvidia will face similar struggles, experts are less worried given its dominance in AI.
At this point, it seems inevitable that Nvidia stock will end up kicking Intel out of DJIA.
While NVDA has been rising steadily over the past year, INTC has been gradually trending downward and bleeding value. Its shares are down 35% in the year to date and are up just 6% over the past 12 months.
Intel is facing new problems due to the looming trade restrictions against certain U.S.-China trade, which will include semiconductors. Although Nvidia will face similar struggles, experts are less worried given its dominance in AI.
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103480872 : if NVIDIA joins dow after stock split, it would be best time to buy
Brokie 103480872 : can help to explain why? Thanks!
103480872 Brokie : NVIDIA PE's ratio usually above 70 for the past 2 quarters, if It's price drop significantly to the point its PE ratio reached low value like 50, then it's no brainer to buy. Note that NVIDIA PE ratio last year was 200 when all people said it's bubble. Look at its PE now decreasing even though its price hikes more than double
103480872 Brokie : again, it's not financial advice. It all depends on your psychology to accept the risk. There's no such thing as NO RISK including your cash.
103480872 Brokie : oh I thought the post is about NVIDIA will crash bcs I thought the red line is DOW
Spread Love N Joy 103480872 : Dow is short for DJIA
Spread Love N Joy 103480872 : Why?
stock sniperr Brokie : Passive funds can buy Nvidia after that
careful Beaver_5781 : Would be great if it did
Scott Ellsworth : yes