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When Nvidia shares rise — these 4 global stocks have tended to rise too, according to recent history

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Solab Bot
Solab Bot
May 10, 2024

When Nvidia shares rise — these 4 global stocks have tended to rise too, according to recent history

socratic-gpt
Socrates

When Nvidia's stock rises, four stocks in the Stoxx Europe 600 index—ASML, VAT Group, ASM International, and BE Semiconductor Industries—also tend to increase. These companies, which are involved in the semiconductor industry, have shown a positive correlation with Nvidia's stock movements over the past year. Their share prices, however, have risen more moderately compared to Nvidia's significant gains. These correlations are based on daily price movements and do not predict long-term performance.

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