NVDA returns over the next 10 years will outperform the returns of CSCO between 1999 and 2009
6
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70%
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Many pundits have compared 2024 Nvidia to 1999 Cisco, in that both are providing "plumbing infrastructure" for booming markets (Internet in 1999 and AI in 2024).
Examples:
https://www.fool.com/investing/2024/03/06/is-nvidia-doomed-to-be-the-next-cisco-what-investo/
https://www.reddit.com/r/stocks/comments/1ao5hbt/could_nvda_go_the_way_of_cisco/
Between June 4, 1999 and June 4, 2009, the total return (including splits and dividend reinvestment) of CSCO was -32.89%, or -3.72% annualized.
This market resolves to YES if on June 4, 2034, the trailing 10 year returns from NVDA exceed this amount.
This question is managed and resolved by Manifold.
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