RESOLVING THE LEDGER
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Nvidia (NASDAQ: NVDA) currently trades for about $210 per share. So, it would have to nearly quadruple to hit $800 per share. Considering the chipmaker's sheer size as a $5.1 trillion company, that would require Nvidia to reach a nearly $20 trillion market cap. That's a long climb, but I think it could happen faster than most investors think.
In fact, by 2030, this stock price is reachable. That's a growth of four times in nearly as many years, making the stock an absolute no-brainer if this projection is correct. Judging by what Nvidia has told investors, I think it's entirely possible, which means investors should be loading up on shares right now.
Image source: Nvidia.
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