Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Up 521% in the Last 18 Months, Is Nvidia Stock Still a Buy? This Chart Says Yes.

TheMotleyFool

0 0

Up 521% in the Last 18 Months, Is Nvidia Stock Still a Buy? This Chart Says Yes.: https://g.foolcdn.com/editorial/images/767811/nvda-nvidia-stock-market-invesment.jpg

Everyone loves a winner. And, without doubt, Nvidia (NASDAQ: NVDA) is a winning stock. Shares of the graphics processing unit (GPU) designer are up a staggering 551% over the last 18 months.

But, after such an unbelievable run, many investors are asking whether it can continue, or whether this red-hot stock is about to come crashing back to Earth.

While no one knows for sure, I think Nvidia's incredible streak could continue. Moreover, I have a chart that helps explain why. So, let's have a look.

Source Fool.com

Like: 0

NVDA

Share