Forget Nvidia. Here's the investment you should have made

Was investing in Nvidia shares profitable? According to experts, you could have earned more by focusing on a material that is surprising everyone: cocoa.
There's no doubt that the tech stock has had a historic and incredible performance, rising approximately 90% in trading from January to March.
The chipmaker, which has profited from the rapid rise of AI like few, if any, other companies, has so far lived up to expectations, delivering results that exceeded already high estimates in each of its previous reports on profits.
This euphoria on the stock favored the rally on Wall Street.
For the quarter, the S&P 500 gained 10.2% marking its best first-quarter gain since 2019.
Nvidia was responsible for this extraordinary increase.
However, cocoa beans took center stage.
Investing in chocolate could really be interesting.
A simple graph explains why.
Nvidia's best cocoa, here is the winning investment A simple graph explained by Felix Richter on Statista helps to understand why the agricultural raw materials sector must always be observed carefully.
There is an even better investment you could have made in January 2024, explains the data journalist and that is cocoa.
The price of cocoa beans, the most important raw material for chocolate production, has risen more than 120% this year, with cocoa futures temporarily trading at more than $10,000 per ton this week.
Cocoa prices have soared in recent weeks due to a global supply shortage, which likely led to panic buying by some traders, pushing prices up further.
The world's largest cocoa bean producers, Ivory Coast and Ghana, have been hit by unfavorable weather conditions and black pod disease, resulting in yield declines compared to previous years.
Since the start of the season, arrivals in Ivorian and Ghanaian ports have decreased by 28% and 35% compared to the same period last season.
read also The price of cocoa soars and becomes a coincidence.
Tension is still expected in the sector, with a supply deficit that will continue, above all because problems related to supply are usually difficult to manage and resolve in the short term.
This means that the price of cocoa can still rise and represent an interesting investment.
DISCLAIMER The information and considerations contained in this article should not be used as the sole or primary support on which to make investment decisions.
The reader maintains full freedom in his own investment choices and full responsibility in making them, since he alone knows his risk propensity and his time horizon.
The information contained in the article is provided for informational purposes only and its disclosure does not constitute and should not be considered an offer or solicitation to public savings.