The fear of missing out -- aka, FOMO -- can lead to shocking excesses on Wall Street. So-called bubbles can push stocks so high that you start to believe that the sky's the limit. Right now, it looks like Nvidia (NASDAQ: NVDA) can do no wrong, and its share price has risen accordingly. If you pay attention to Wall Street history, however, you'll see that buying Nvidia today could easily end up being the wrong call.

The big story with Nvidia is that it makes high-powered chips capable of running artificial intelligence (AI) applications. AI is a huge story today in the technology sector, with just about every company that can do so either directly working on an AI product or explaining to investors how AI will be a direct benefit to it in some way (by increasing efficiency or automating tasks, for example). Wall Street is highly enamored of AI and anything associated with it.

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Source Fool.com