Is Nvidia a Buy?
Nvidia (NASDAQ: NVDA) has been the quintessential artificial intelligence (AI) stock for the past two years. The company's dominance in the market for the chips that power the data centers used for AI has launched it to unprecedented growth.
The stock has appreciated more than 850% since the beginning of last year and continues marching higher, with its third-quarter earnings report right around the corner.
Investors who are pondering putting fresh capital into the stock are in a precarious position. I don't blame anyone for feeling like they're late to the game, though buying along the way has only proved wise to this point. So, is Nvidia stock a buy heading into earnings? Here is what you need to know.
Source Fool.com
