If I Could Only Buy and Hold a Single Stock, This Would Be It
Key Points
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A single-stock portfolio is not a sound investing strategy due to its lack of diversification.
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Nvidia’s total addressable market (TAM) is enormous and could grow even larger in the years ahead.
Owning only a single stock is not a great strategy. If someone were to do that, they would be under-diversified, which is far too risky.
Yet as a thought experiment, it can be useful to imagine which stock someone should own in this scenario. I know which one I would pick: Nvidia(NASDAQ: NVDA). Here’s why.
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Nvidia’s current growth engine
To get started, let’s recall what has…
