Nvidia (NASDAQ: NVDA) stock seems to have shrugged off its doubters. After struggling earlier this year amid a generalized sell-off and fears of lower-cost competition, the stock is on the verge of returning to its all-time high.

That may have new investors wondering whether they should buy the semiconductor stock. Is there still an opportunity to earn market-beating returns from Nvidia, or have investors who didn't get in earlier missed the boat?

Image source: Nvidia.

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Source Fool.com