Is It Too Late to Buy NVIDIA Stock?
NVIDIA (NASDAQ: NVDA) shareholders have been benefiting mightily from the ongoing chip shortage, as well as from the popularity of the company's offerings for GPU-based applications. The chip stock has rallied by nearly 240% since January 2020.
The magnitude of that surge has plenty of investors questioning whether there's still a chance to buy in, or if they have essentially missed out on their opportunity to profit from this particular rally. Let's take a closer look at NVIDIA and attempt to provide an answer.
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Source Fool.com
