Nvidia Has Generated 21,000% Returns in 10 Years. Here's How Well the S&P 500's Second-Best-Performing Stock Has Done
Investing in the S&P 500 index has long been a great way to take advantage of the economy's growth. But in many cases, buying and holding individual stocks has resulted in far more impressive gains. While there has been a lot of turmoil in the markets of late, a simple buy-and-hold strategy has worked incredibly well.Over the past 10 years, the S&P 500 has risen by 174% (assuming an April 1 cutoff). But during that same time frame, chipmaker Nvidia (NVDA -1.64%) has produced gains of nearly 21,000% for inve ...