We frequently receive messages from our members. There’s one, however, that caught my eye. In so many words, the member asked, my four-digit investment in Nvidia (NASDAQ: NVDA) is touching six digits now. What should I do, he asked? It’s a great question which many out there may be facing. As a background, Nvidia was a stock pick of ours back in September 2018 before we started The Smart Investor. Today, shares are up over 1,850%, excluding dividends, or more than 19 times. It’s a phenomenal performance over five-plus years — and a good problem to have.

The rise and rise of Nvidia

Currently, Nvidia is standing shoulder to shoulder with two of the largest companies in the world, namely Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL). But when it comes to stock performance, there is no comparison. According to Barron’s, Nvidia shares rose by a massive 240% in 2023, outpacing Microsoft’s 58% year-on-year gain and Apple’s 49% share price increase. The difference in share price performance...