Best of 2023: Why Nvidia Can Go Higher Still

Last but not least, here’s why the profits are poised to continue from the AI king... [Derby City Daily logo]( [Derby City Daily logo]( December 29, 2023 [Best of 2023: Why Nvidia Can Go Higher Still]( By Andy Swan Editor's Note: Our offices will be closed for an extended holiday period, from Friday, December 22 to Monday, January 1. Have a wonderful holiday and Happy New Year. If there was one trend that dominated the investing narrative in 2023, it had to be artificial intelligence (AI). And if there was one stock, well, it had to be the AI darling: Nvidia (NVDA). I'm particularly proud of this call because it was one of the very first opportunities we ever brought our Derby City Daily readers. In our premier issue, [Landon, Megan and I each chose one stock]( that we believed would pay off big this year. Landon went with Nvidia – and shares have more than doubled since then: +113% as of this writing. This was the top-performing S&P 500 stock in the first half of the year by a mile, returning 190%. Heck, our [MegaTrends]( subscribers took a 257% win on NVDA just last month, thanks to an early profit alert [triggered by our Social Heat Score system](. We know the NVDA profit opportunity was ignited by the high expectations for its AI prowess. But what does all this actually mean, in layman’s terms? More important for you... are those profits poised to continue? We’ll answer that question today using LikeFolio’s unique consumer insights. Because as you’ll find out, Nvidia is still on fire. [And despite its meteoric rise, its stock price likely has more room to grow...]( [Click here to continue reading]( Before You Go: I’ve already got another opportunity lined up for you today that’s capitalizing on the same AI tailwinds – but trading at just $3 a share, [this stock]( looks like one heck of a bargain right now. [Click here to grab the details before the 2024 rally kicks off](. Until next time, [Andy Swan's signature] [Andy Swan's signature] Andy Swan Founder, LikeFolio Get Instant Access Click to read these free reports and automatically sign up for research throughout the week. [25 Doomed Blue Chip Stocks]( [The Infinite Income Manifesto]( © 2023 TradeSmith, LLC t/a Derby City Insights. All Rights Reserved. 1125 N. Charles Street, Baltimore, MD 21201 To unsubscribe or change your email preferences, please [click here](. [Terms of Use]( | [Privacy Policy](