Nvidia stock was trading in the $6.75 range in February 2020 (price after a 1:1 split) and was gearing up for a massive rally in the indices. In the last five years, NVDA generated phenomenal profits making investors who took an entry position back then enjoy stellar returns.
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A dollar cost average (DCA) of $100 monthly for five years in Nvidia stock could have made you earn nearly $33,000 in profits. The first recurring investment of $100 and a monthly DCA of $100 for 60 months makes the invested amount $6,100.
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An entry position in Nvidia stock through the DCA investments from February 2020 to 2025 has experienced gains of 546%. Therefore, the cumulative investment of $6,100 has turned into $39,424 in February 2025. Profits alone have topped $33,300 in the last five years in NVDA.
Every month since 2020, NVDA stock has printed gains, with only one negative return in October 2022. Out of 60 months of investments, Nvidia has printed profits for 59 months, which is a phenomenal track record. The stock is the most sought-after asset in the US market, with both retail investors and institutional funds accumulating it.
Nvidia Stock: What Next For NVDA?
Now that Nvidia stock has delivered mind-blowing results in the last five years, can it repeat its performance in the next five years? In this article, we will highlight how high or low NVDA could trade in 2030. Leading on-chain metrics and price prediction firm Traders Union has painted a bullish picture for the tech stock.
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According to the price prediction, Nvidia stock could reach a high of $240 in 2030. That’s an uptick and return on investment (ROI) of approximately 90% from its current price of $130. Therefore, taking an entry position in NVDA now through DCA could generate stellar profits in the next five years.