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HomeNewsIndustryNvidia stock performs better than Bitcoin as investment option: Study

Nvidia stock performs better than Bitcoin as investment option: Study

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Nvidia stock has emerged as a better investment than Bitcoin, demonstrating a significant rise in stock value compared to the digital currency.

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stock has emerged as a better investment than , demonstrating a significant rise in stock value compared to the digital currency. The analysis by Banking Methods, which tracked the most substantial price increases among stocks and cryptocurrencies, said that Nvidia's shares surged 180.14% from $293.71 in 2021 to $822.79 in 2024.

Despite the high interest in cryptocurrencies, Bitcoin ranked eleventh with only an 8.26% increase in value over the same period, moving from $67,527.90 to $73,103.58. This performance did not place Bitcoin among the top ten investments, contrary to its usual buzz in the investment sphere.

Following Nvidia, BAE Systems secured the second spot on the list with its stock price climbing 116.76%, from $601.60 in 2021 to $1,304.00 in 2024. The increase reflects growing demand within the defense and sectors.

Meta, known previously as Facebook, ranked third as its shares appreciated from $335.99 to $502.30, a 49.50% rise. This growth underscores the company's robust position in the tech market.

The real estate sector in Dubai also showed strong performance, ranking fourth. Property prices increased from $2,812.23 per square meter in 2021 to $4,026.00 in 2024, an upswing of 43.16%, signaling a thriving economic environment in the region.

Fifth place went to General Dynamics, with its stock price escalating from $210.21 to $277.43, a growth of 31.98%, indicative of the aerospace and defense sector's resilience and potential for long-term growth.

Microsoft's stock witnessed a significant increase as well, rising 26.05% from $329.63 in 2021 to $415.50 in 2024. The company's continuous innovation has kept it at the forefront of the technology industry.

Gold, often considered a safe investment, placed seventh with its price ascending from $1,798.89 to $2,250.00, a 25.08% increase, which underscores its stability amid market fluctuations.

Northrop Grumman and Lockheed Martin, both leaders in the aerospace and defense sectors, saw their stock prices increase by 18.58% and 17.45%, respectively, reflecting consistent demand for their products and services.

AeroVironment, although last among the top ten, showed an 8.86% growth in stock value, highlighting its role in the emerging drone technology market.

Investment options
Price in 2021
Price in 2022
Price in 2023
Price in 2024
Price change
Nvidia
$293.71
$146.07
$495.22
$822.79
180.14%
BAE Systems
$601.60
$872.60
$1,129.00
$1,304.00
116.76%
Meta
$335.99
$120.21
$353.58
$502.30
49.50%
Real Estate in Dubai
$2,812.23
$3,366.40
$3,794.44
$4,026.00
43.16%
General Dynamics
$210.21
$256.86
$259.88
$277.43
31.98%
Microsoft
$329.63
$237.28
$375.35
$415.50
26.05%
Gold
$1,798.89
$1,801.00
$2,078.40
$2,250.00
25.08%
Northrop Grumman
$408.03
$556.27
$496.89
$483.83
18.58%
Lockheed Martin
$396.99
$498.95
$508.10
$466.27
17.45%
AeroVironment
$143.72
$114.11
$143.99
$156.46
8.86%
Bitcoin
$67,527.90
$47,738.00
$44,175.50
$73,103.58
8.26%

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