Could Arm Holdings Stock Help You Become a Millionaire? [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
With the recent launch of its initial public offering ( IPO) , investors have looked more closely at the company, and the stock has increased significantly since it began trading in September. While it could continue to rise over time, investors should not expect it to turn them into millionaires from a small investment. Here's why. The size factor The factor working against Arm Holdings in terms of its "millionaire-making" potential, at least for small investors, is its size. Despite the stock's short trading history, its market cap is $126 billion. That places it well into the range of large-cap companies, and if the stock's market cap doubled from current levels, it would become a megacap stock. That situation does not work in favor of small investors. If one invested $10,000 in the stock today, it would need to grow by 100-fold to reach $1 million. The problem is that also requires a 100-fold rise in the market cap, an increase that would take the market cap to $12.6 tril
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- 4/3/24 - Form 4
- NVDA's page on the SEC website