Is It Too Late to Buy Nvidia Stock?
Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks in the market for the past five years, up 1,220% over that period. That has helped it grow to become the largest company in the world, with a market capitalization (market cap) of over $4.1 trillion.
Nvidia's rise to the mountaintop is well deserved. The company has just seen explosive growth over the past several years. Its revenue has gone from $16.7 billion in fiscal 2021 (ending January 2022) to $215.9 billion last fiscal year. That's nearly a 13 times increase in revenue in just five years. However, it is how the company has been able to evolve over the years that makes its stock a buy today.
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Source Fool.com
