Monday, February 26, 2024
By Chris Illing
CCO at ActivTrades Corp
The AI hype and recent quarterly figures have given Nvidia the highest increase in value in Wall Street history. A whooping increase of $277 billion in one day. The market value of the semiconductor specialist moved to the two trillion-dollar mark on Friday.
Over the past decade, financial markets have undergone an extraordinary development. The last few years have been marked by global economic challenges, a pandemic, geopolitical crises, inflation, interest rates and fears of recession, which have put global markets in a real predicament.
However, during this tumultuous action, some stocks have proven to be true high-flyers, not only delivering above-average returns, but also demonstrating resilience and the potential for long-term gains.
Let’s take a look at some of the best stocks during the last ten years that have rewarded investors with impressive price gains. These are stocks that have delivered outstanding results during a decade of change and uncertainty.
- Nvidia: The share price on March 1, 2014, was $4.49. Last Friday it hovered at around $800. An increase of approximately 15900 percent. NVIDIA Corporation is a leading manufacturer of IT hardware that develops, manufactures, and sells graphics and media communications processors and software for personal computers, workstations, and digital entertainment platforms.
- Advanced Micro Devices (AMD) increased from $3.70 to last Friday of around $176. This is the second place and an increase of 4656 percent. AMD is one of the world’s largest chip manufacturers, producing processors, graphics cards, and chipsets for computers, game consoles, and telecommunications equipment. The company holds over 4500 patents and competes with competitors such as Intel, NVIDIA, and IBM.
- Broadcom (AVGO): beginning of March 2014 was traded at around $62 and last Friday hovered at around 1300. (1996 percent increase). Broadcom Corp is a leading manufacturer of integrated circuits and network adapters used for data transmission. The company divides its operations into three segments that address the needs of end users, devices, and infrastructure.
- Tesla. Within ten years the share price went from $14 to $195 which calculates to an impressive increase of 1292 percent. The company offers a range of electric vehicles from sports cars to sedans and off-road vehicles, with the peculiarity being that all models are emission-free. Tesla Motors is considered a pioneer in the production and marketing of environmentally friendly vehicles.
- Apple was founded in 1976 and had a seed capital of $1760. Ten years ago, the share price was at 19$ and now is at approx. $186. Almost 900 percent increase. The product portfolio ranges from PCs (iMac) and media players (iPod) to mobile devices such as the iPhone and iPad, all of which have achieved cult status. However, the iPhone has become Apple’s most important product, accounting for over 50 percent of the company’s total revenue.
The early investor would have reaped some tremendous results.
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