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Is Nvidia a Buy?

TheMotleyFool

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Is Nvidia a Buy?: https://g.foolcdn.com/editorial/images/776025/nvidia-showcase-of-artificial-intelligence-ai-technology-3.png

Nobody wants to feel like they've missed the boat, but chasing a stock just because the price went up is a dangerous game that can end badly. It's so important to focus on fundamentals first and price second.

While artificial intelligence (AI) chip company Nvidia (NASDAQ: NVDA) has multiplied in value, rarified growth has driven those returns on the heels of an AI spending boom. Technology companies are snatching up Nvidia's chips as fast as they can.

So, how much of this is already priced into shares today? Is there room for new investors to buy the stock and still prosper?

Source Fool.com

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