In other words, history says the Nasdaq could advance 16% in 2025, but most Wall Street analysts see even more upside in Nvidia ( NVDA -0.02%) and Lam Research ( LRCX -0.62%), two companies that reset their soaring share prices by completing 10-for-1 stock splits in 2024.

Nvidia stock was looking to find its footing on Wednesday after economic data prompted a Big Tech selloff the previous day. Nvidia stock tumbled 6.2% in the previous session, wiping out about $200 billion worth of market capitalization.

Nvidia CEO Jensen Huang unveiled new gaming graphics cards at the CES tech trade show in Las Vegas but didn’t offer details on its next-generation AI chips.

Is the stock a buy? Nvidia is benefiting from two massive trends right now. One is the transition from general-purpose computing to accelerated computing, which is driving strong