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Is It Too Late to Buy Nvidia Stock?

TheMotleyFool

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Nvidia (NASDAQ: NVDA) delivered another blowout earnings report last week, with revenue and earnings per share up 68% and 276%, respectively. The stock surged to a new high and has returned 70% over the last year.

Analysts expect Nvidia to grow earnings per share at a compound annual rate of 30% over the next five years. If Nvidia delivers on those expectations, the stock could still deliver big gains from these levels. Here are three reasons why it's not too late to buy Nvidia stock.

The GeForce RTX 30 series of gaming cards. Image source: Nvidia.

Source Fool.com

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