What is NVDA.NE?

[Robert Mugabe]

NVIDIA Corporation (NVDA.NE)
Cboe CA - Cboe CA Real Time Price. Currency in CAD
In watchlist

40.49+1.41 (+3.61%)
At close: 03:59PM EDT
Just stumbled on this. What is it?

 

[valiente1976]

The company behind graphic cards and hardware that is making most of artificial intelligence possible

 

[hodge12]

CANADIAN DEPOSITARY RECEIPTS™ (CDRs)

CDRs represent shares of global companies, but are traded on a Canadian stock exchange, in Canadian dollars - making it easy for investors to get direct exposure to the world's biggest companies.

 

[mj400metres]

NVIDIA Corporation (NVDA.NE)
Cboe CA - Cboe CA Real Time Price. Currency in CAD
In watchlist

40.49+1.41 (+3.61%)
At close: 03:59PM EDT
Just stumbled on this. What is it?

One of the best stocks out there but the problem it is already so expensive. Needed to buy this 1 year ago.

 

[Robert Mugabe]

Thanks for the replies, but it doesn't explain why NVDA.NE is only $40.00 while NVDA is $467.00

 

[backstreetorg]

That is interesting

 

[jeff2]

Thanks for the replies, but it doesn't explain why NVDA.NE is only $40.00 while NVDA is $467.00

What I don't like about these things is the cost for the currency hedging.

List of Canadian CDRs – Canadian Depository Receipts for US Investing - Stocktrades

Canadian Depository Receipts, or CDRs, allow Canadians to buy US listed stocks in Canadian dollars, on a fractional basis, and zero up front conversion fees.

www.stocktrades.ca

For the most part, the two will be very easy to tell apart. That is because when the CDRs start trading on the exchange, they're all given an initial price point of $20 CAD. So, it would have to be a pretty big error to purchase a stock with a $3000 price tag on it in Amazon over its $20~ CDR.

 

[gabersc]

Chip short is almost over.