NVIDIA is having a Stock Split, Here's why you should Buy...

What is NVIDIA (NVDA)?

Nvidia is a company that designs graphic processing units for gaming products and for professional markets. So they're the reason why your PlayStation, XBOX, cell phones, computers, and other high tech products look so clear and realistic while you're using them. Without Nvidia, we would be looking at stick figures. Nvidia is also responsible for chips in self driving cars and robots.

What to know for the Stock Split?

A stock split is when a company's board of directors decide to increase the number of shares for current shareholders by cutting the prices. So in other words, companies split shares into 2-10 different pieces depending on the price of the stock. They do that to make the stock more affordable for investors. July 20, 2021 Nvidia will have a 4 for 1 stock split. So that would mean on Tuesday the 20th of July NVDA will be trading at 183.75 per share (stock price divide by 4). So for those who have one share will now have 4 shares. As of July 16, 2021 the stock price is at $735 per share. It will be cheaper for you to buy!

The Graphics are amazing!

Should I Buy?

I'm going to buy! Look, In March of 2021 the stock was $463 and it reached an all time high at $827 as of July 6th. That's it, that should answer your question.