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Nvidia Was Briefly the World's Most Valuable Company. Is It Too Late to Buy the Stock?


Earlier this month, Nvidia (NASDAQ: NVDA) briefly surpassed to become the most valuable company in the world. It's one good day of trading away from rejoining Microsoft and Apple as the only three companies to obtain a market cap of $3 trillion or more.

With Nvidia briefly becoming the largest company on the planet, the question is: Has the stock topped out? Let's look at why it may still have plenty of room to climb.

Becoming the world's largest company or reaching a market-cap milestone doesn't mean the gains on a stock are necessarily capped. For example, it was pretty astounding when Apple became the world's first trillion-dollar company back in August 2018. At the time, it certainly seemed that the gains would slow from there. After all, it took the company 42 years to reach a trillion-dollar market cap.

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Source Fool.com

Microsoft Corp. Aktie

379,60 €
-1,06 %
Mittlere Verluste bei Microsoft Corp. heute, der Kurs fällt um -1,06 %.
Überwältigendes Buy-Interesse bei Microsoft Corp., mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Ein leicht positives Kursziel von 426 € für Microsoft Corp. gegenüber dem aktuellen Kurs von 379.6 € wird gesehen.
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