Is Nvidia a Good Stock to Buy?

What Nvidia's latest results tell us about building portfolios instead of picking positions

If you are wondering how to buy Nvidia stocks in Kenya, you also wonder if Nvidia is a good stock to buy right now? On Wednesday 26 August, Nvidia reported a strong quarter and its shares jumped almost 9% the next day and fell 4.57% on Friday. Anyone who bought on Thursday, on the strength of the good news, was down by Friday's close. This string of events reminds investors of a golden rule, diversification.

The company was right

Nvidia delivered on revenue and earnings, posting a quarter above what the market expected (Kiplinger).

What it reported:

Measure	This quarter	A year earlier	Change
Revenue	USD 96.2 billion	USD 46.7 billion	+106%
Earnings per share (adjusted)	USD 2.22	USD 1.05	+111.4%
Gross margin (non-GAAP)	75.0%	72.7%	+2.3 points

Alongside the results, AWS announced plans to deploy an additional 2 million Nvidia Blackwell Ultra, Rubin and Rubin Ultra GPUs across its global infrastructure in 2027 and 2028 (Nvidia Newsroom). The demand picture was not in doubt.

The share price was not

Day	Nvidia share price move
Thursday 27 August	+8.7% (nearly 9%)
Friday 28 August	−4.57%, closing at USD 217.55

Nvidia had rallied nearly 9% on Thursday, lifting the S&P 500 and the Nasdaq to their strongest single-day showing since 24 August. Then Friday reversed a large part of it: the shares fell 4.57% to close at USD 217.55 (CNBC; TradingKey).

Is Nvidia a good stock to buy?

Nobody can answer that for you, and you should be wary of anyone who tries. Whether Nvidia stock is a good investment depends on how long you plan to invest, how much risk you can carry, and what else you already own.

But last week teaches something simpler and more useful: being right about a company is not the same as being right about the price. Nvidia's results were excellent. The shares still fell. So the better question is not “is this a good company?” It is “what happens to my money if I am right about the company and wrong about the timing?”

Why diversification works

Diversification means not putting all your money into one company. Here is what that looked like last week, using nothing but Nvidia and the market it belongs to.

If you owned only Nvidia shares, Friday cost you 4.57%. That was your whole week.

If you owned an S&P 500 ETF, you still owned Nvidia because it is one of the fund's holdings. But you also owned 499 other companies. Nvidia fell. Enough of the others held up that the index still finished the week ahead: the S&P 500 advanced 0.5% over the five days and closed at 7,711.76, even after slipping 0.25% on the Friday itself (CNBC).

Same company. Same bad Friday. Two very different outcomes because in the first case Nvidia was everything, and in the second it was one holding among many.

An ETF (exchange traded fund) is simply one investment that holds many companies at once. You buy it in a single transaction, the way you would buy a share.

Scenario	Nvidia shares only	S&P 500 ETF
Companies you own	1	500
Do you own Nvidia?	Yes, entirely	Yes, as a top holding
Nvidia has a bad Friday	You feel all of it	Cushioned by the other 499
Nvidia has a great Friday	You get all of it	You get a share of it
Week to 28 August 2026	−4.57% on Friday alone	+0.5% for the week

The trade-off is real and worth being honest about: the ETF also gives you less of the upside if Nvidia soars. What it buys you is that no single company can decide your outcome.

It is also worth knowing that Nvidia was not unusual this season. With 88% of the index having reported, 86% of S&P 500 companies had beaten earnings expectations, the strongest run of positive surprises since 2021 (FactSet Earnings Insight, 28 August 2026). The businesses did well; the rate news moved prices anyway. No amount of research into one company would have told you which way Friday went.

How to buy Nvidia stocks in Kenya

For a Kenyan investor, the practical routes to US-listed exposure are these:

Route	What it means	Trade-off
Broad market ETF	An S&P 500 ETF, where Nvidia is one of the largest holdings among 500 companies	The most diversified route; you get Nvidia without betting on Nvidia
Sector ETF	A semiconductor or AI ETF holding Nvidia alongside its peers	More focused on the theme, still spread across many companies
Direct shares	Owning Nvidia shares on their own	Everything rides on one company; a Friday like the one above hits you in full

For most people, an ETF is the sensible starting point. It gives you exposure to Nvidia while spreading the risk that any single company has a bad week for reasons that have nothing to do with its business.

Investing in Nvidia through Ndovu

Ndovu makes the ETF route straightforward. You can access Nvidia exposure and S&P 500 ETFs directly from the Ndovu app, alongside money market options, so the position sits inside a diversified portfolio rather than on its own. Onboarding is fully digital and all operations happen under a CMA-regulated structure, which means your money is held within a supervised framework.

Whichever route you choose, three things matter more than the entry price:

1. First, use a CMA-regulated platform, so your money sits inside a supervised structure.

2. Second, size the position. Decide what percentage of your portfolio a single company may represent before you buy, not after.

3. Third, consider staged entry: investing in tranches over time rather than in one purchase, which limits the damage of buying on a Thursday that turns into a Friday.

Sign up on the Ndovu app here to access global markets and guided investing to build your portfolio, or talk to your Ndovu relationship manager to see how this fits into your existing portfolio.

Sources: Federal Reserve Board (Chairman Warsh's Jackson Hole keynote, 28 August 2026); Nvidia Newsroom; Kiplinger; CNBC; PBS NewsHour/Associated Press; Investing.com; TradingKey; FactSet Earnings Insight.

Disclosure:

 Ndovu is a regulated Robo-advisory platform operated by Ndovu Wealth Limited (‘NWL’). NWL is a Fund Manager licensed by the Capital Markets Authority (Kenya).

The information provided on this platform and the products and services offered are intended solely for persons in regions and jurisdictions where such distribution and utilization are in accordance with local laws and regulations. Ndovu does not promote its services in regions where it lacks the necessary licenses; It is exclusively available to persons residing in countries where it holds a valid license or has regulated partners. Ndovu does not extend its services to citizens of the United States, Canada, Japan, and other restricted territories.

Disclaimer:

 All ETF products are subject to risk, including country/regional, liquidity, and currency risks. Market prices of securities within the ETF may rise and fall, sometimes rapidly and unpredictably. While ETFs provide diversification through exposure to a basket of securities, they do not eliminate the risk of loss. Diversification does not ensure a profit or protect against a loss. These are non-cis products and are registered by the SEC.