Recent data analysis has uncovered a striking trend in the investment industry post-COVID, showcasing the dominance of certain stocks over the once-darling cryptocurrency, Bitcoin.
Freshly unearthed insights highlight Nvidia’s meteoric rise, boasting an astonishing 180% surge in its stock value.
From the 2021 $293 mark to an impressive $822 by 2024, Nvidia has captivated investors, showcasing resilience amidst market volatility.
This revelation stems from a meticulous study by Banking Methods, delving deep into the performance metrics of both traditional stocks and the crypto sphere, with particular scrutiny on Bitcoin’s trajectory.
Nvidia’s exponential growth eclipses its peers.
Notably, BAE Systems, specializing in defence and information security, trails behind Nvidia with a commendable 116.76% uptick in stock value.
The digital behemoth Meta, formerly Facebook, secures a respectable third spot, witnessing a noteworthy 49.50% spike in its stock price.
While notable entities such as Microsoft, gold, Northrop Grumman, Lockheed Martin, and AeroVironment also feature in the analysis, their returns pale in comparison to the triumvirate of top performers.
In contrast, Bitcoin’s post-COVID journey appears relatively subdued, reflecting a modest 8.26% uptick.
Despite surpassing numerous altcoins like Binance Coin (BNB), Solana (SOL) and Ethereum (ETH), Bitcoin finds itself relegated to the eleventh spot, failing to crack the elite top ten.
However, amidst Nvidia’s resplendent ascent, recent data from Google Finance hints at a potential hiccup.
A slight dip of over 16% in Nvidia’s stock value over the past month, plummeting from $950 to $795, sparks queries regarding the sustainability of its growth trajectory over the long haul.
