This AI Stock Crushed the Market So Far This Year. Is It Still a Buy?
When it comes to artificial intelligence (AI) stocks, few outshine Nvidia (NASDAQ: NVDA). Its chips play a near-dominant role in supporting AI, and to that end, the stock has risen more than 210% since the beginning of the year.
But the gains led to the inevitable question of whether its increases can continue. Hence, investors should take a closer look at where the stock now stands, evaluating whether opportunity remains in the AI stock or investors are too late.
Certainly, the recent gains have transformed the stock on some levels. Its market cap has nearly reached $1.2 trillion, making it one of the world's largest tech stocks.
Source Fool.com
