Nvidia (NASDAQ: NVDA) is down roughly 30% below its previous high. This isn't a new experience for the stock. Since its initial public offering (IPO) in 1999, Nvidia's share price has plunged by that amount or more from its previous peak eight other times.

While insurers like Aon were resilient in the bear market, Wall Street now signals a return to growth stocks like Nvidia.

Nvidia (NASDAQ:NVDA) investors had reason to smile this week, as the Trump administration signaled that it would be easing up on its aggressive