Musk's Comments Send Shivers Down Spines of Nvidia Investors

Nvidia stock investors got some welcome news from Elon Musk. In a recent statement, Musk mentioned Nvidia (NASDAQ: NVDA) in what could be seen as a positive light.

This comes after a rare signal called the 'Total Conviction' signal flashed for a company 1/100th the size of Nvidia, similar to a signal that appeared for the chipmaker in 2009. However, it's worth noting that the Motley Fool Stock Advisor analyst team did not include Nvidia in their list of top stocks for investors to buy now.

The team instead identified 10 other stocks that they believe could produce significant returns in the coming years. According to the Motley Fool, if you invested $1,000 in Nvidia when it was on the list in April 2005, you would have made over $1.3 million by now.

The Motley Fool's average return is 953%, significantly outperforming the S&P 500's 214% return. It's worth considering this information if you're thinking of investing in Nvidia stock right now.