If you'd put $1,000 into Nvidia stock 20 years ago, here's what you'd have today

A W. P. Carey finance expert's research found that Nvidia is one of the 30 most profitable stocks for stockholders over the past three decades.

In this story published May 24, 2025, in Kiplinger:

From its initial public offering at $12 a share in January 1999 through December 2020, NVDA stock created $309.4 billion in shareholder wealth, according to an analysis by Hendrik Bessembinder, a finance professor at the W. P. Carey School of Business at Arizona State University. Indeed, per Bessembinder's findings, which account for a stock's increase in market value adjusted for cash flows in and out of the business and other factors, Nvidia is one of the 30 best stocks of the past 30 years.