£10,000 in Nvidia stock at the tariff dip bottom is now worth…
At its lowest point on 7 April, the Nvidia (NASDAQ:NVDA) stock price was down 43% from its 52-week high of $153. But from a low of under $87, we’ve already seen a strong recovery back to $135.
That’s a gain of 56%, and enough to turn a £10,000 investment into a whopping £15,600.
The lesson we can learn is not that we should try to time the bottom when investing in a stock. No, it’s that we can use short-term shocks and bad news to our advantage.
The triggers for both the fall and the subsequent rise stemmed from one person, US President Donald Trump.
The global trade strife he kicked off with his now-infamous tariffs announcement on 2 April hammered tech stocks that were already…
