In today’s Super Seasonals: Trade of the Week we will look at NVIDIA Corp (NVDA).
NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking.
Below are the seasonal stats for NVDA over the past 2 decades, where the stock enters a bullish tendency over the next 7-8 weeks.
Below is a look at the past 5-10 years of NVDA stock, which shows that from a recent perspective, the stock seems to look pretty good…other than a rough sell off in 2022.
Below is a backtest over the past 10 years. For every $1,000 invested in shares of the stock, it would have an Annualized Return of 42.97%. This is a solid historical investment.
As you likely know, there are literally dozens of solid ways to approach trading NVIDIA Corp (NVDA) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties. Please remember to fully understand the risk before trading anything. It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals .
Trade Smart,
Chad Shirley
