Beginner's Guide to Trading NVIDIA Stocks: Step-by-Step Instructions
NVIDIA Company Overview
NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.
How To Buy NVIDIA Stocks & Shares
Step 1: Opening a Brokerage Account
To start trading stocks, the initial step is to acquire a brokerage account. When choosing an online stock brokerage, there are two critical factors to consider: brokerage offerings and a user-friendly platform. Futubull app would be helpful.
Step 2: Deciding how many shares to buy
To gain initial experience, it's wise to paper trade using a stock market simulator. Alternatively, start with a small investment amount.
Step 3: Buying stocks using the right order type
To master stock buying, it's essential to understand three critical order types: market orders, limit orders, and stop orders.
Step 4: Placing the stock order with your brokerage
NVIDIA's Stock Price Performance
Data as of: Aug 2, 2024
- Last 1 Month: -4.94%
- Last 6 Months: +62.48%
- Last 1 Year: +142.89%
- YTD: +117.09%
Institutional holdings of NVIDIA stock?
Holder | Shares Held | Shares Held (%) | Change (Shares) | Change (%) |
|---|---|---|---|---|
| The Vanguard | 2,133,356,260 | 8.68% | 88,280,500 | +0.36% |
| BlackRock | 1,822,389,250 | 7.42% | 25,605,350 | +0.10% |
| FMR | 1,084,601,990 | 4.41% | -124,546,480 | -0.51% |
| State Street Global Advisors | 904,913,824 | 3.68% | 19,654 | +0.00% |
| Geode Capital Management, LLC | 524,942,990 | 2.14% | 24,997,010 | +0.10% |
| T. Rowe Price Group, Inc. | 481,279,970 | 1.96% | -42,531,860 | -0.17% |
| Norges Bank Investment Management | 294,947,080 | 1.20% | 0 | +0.00% |
| J.P. Morgan Asset Management, Inc. | 281,187,620 | 1.14% | 10,325,420 | +0.04% |
| Northern Trust Global Investments | 242,517,530 | 0.99% | -8,658,790 | -0.04% |
| UBS Asset Management | 221,598,930 | 0.90% | 23,094,810 | +0.09% |
The institutional holding data indicates that NVIDIA has garnered attention and investment from several major institutions. Notably, entities like The Vanguard, BlackRock, and State Street Global Advisors have adjusted their holdings, reflecting a positive outlook on NVIDIA. Despite some institutions like FMR and T. Rowe Price Group reducing their stakes, the overall increase in holdings by other institutions suggests a strong market confidence in NVIDIA. Such behavior from institutional investors is often viewed as an indicator of future stock performance.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty. Read More
