Nvidia Becomes Most-Bought Stock by Retail Investors, Surpassing Tesla with $30 Billion Inflow

Dec 25, 2024, 07:37 PM

Nvidia Corp. has emerged as the most-bought stock by retail investors in 2024, with nearly $30 billion invested on net, according to Vanda Research. This influx of retail investment has positioned Nvidia to potentially surpass Tesla, which held the title of the most-bought stock by retail investors in the previous year. Nvidia's popularity among retail investors has grown significantly, with a nearly nine-fold increase in net inflows since 2021. The company's focus on artificial intelligence has been a key driver, with Nvidia capturing 43% of the global server spending this year, amounting to $229 billion. Nvidia's stock performance has been remarkable, with shares up over 180% in 2024, contributing to its status as one of the world's most valuable companies, with a market cap exceeding $3 trillion.