Evercore ISI Research recently released a note claiming Nvidia (NVDA) could potentially become 10-15% of the S&P 500 (^GSPC). Can it overtake its competitors like Apple (AAPL) and Microsoft (MSFT)?

Yahoo Finance Anchor Julie Hyman takes a look at the numbers and breaks down Nvidia's position in the market for Monday's chart of the day.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Nicholas Jacobino