1 Reason to Buy NVIDIA Stock, and 1 Reason to Stay Away
Few investments have fared better over the past two years than shares of graphics chip leader NVIDIA (NASDAQ: NVDA). NVIDIA stock has soared about 475% since the beginning of 2015, transforming a mid-cap chip company into a tech giant valued at over $110 billion.
Can NVIDIA stock possibly continue its epic run? There's one reason to believe it could -- the company is involved in nearly every major tech trend that will transform the industry in the coming years and decades. But there's a downside -- the stock is now pricier, relative to revenue, than it was during the heyday of the dot-com bubble.
The Tesla V100 accelerator. Image source: NVIDIA.
Source: Fool.com
NVIDIA Corp. Stock
€817.00
2.100%
Our community is currently high on NVIDIA Corp. with 126 Buy predictions and 7 Sell predictions.
With a target price of 850 € there is a slightly positive potential of 4.04% for NVIDIA Corp. compared to the current price of 817.0 €.
