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Is Nvidia Stock Too Expensive for 2022?

TheMotleyFool

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Nvidia (NASDAQ: NVDA) had an exceptional year in 2021 and has delivered extraordinary returns for shareholders over the past several years. The company continues to innovate, and its latest graphics processing units (GPUs) are highly sought after by gamers.

What's more, Nvidia is in an excellent position to benefit from massive secular tailwinds, including the proliferation of artificial intelligence. It's no secret the company has excellent prospects in the near term and great opportunities in the long term. However, some of the good news could be priced into the stock. Let's look closer at Nvidia's business and determine if it's too expensive for 2022.

Image source: Getty Images.

Source Fool.com

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