Nvidia's stock increased 2200% in four-and-a-half years, with the "Fab Five" outperforming the market.
Semiconductor stocks, notably Nvidia, have experienced a massive rise, with Nvidia's stock increasing by nearly 2200% in four-and-a-half years. The "Fab Five" - Nvidia, Microsoft, Amazon, Alphabet, and Meta - have significantly outperformed the rest of the market, with Q1 earnings per share growth of 84% compared to the typical S&P stock's 5%. However, some analysts warn that the narrow market leadership in mega-cap stocks, like the S&P 500's overbought status, could signal an impending correction.
June 17, 2024
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