Nvidia (NASDAQ: NVDA) has been one of the best stocks to own over the past few years. Not only has it gone up nearly 200% this year, but it has also been a huge long-term performer in the market.  Since 2020, Nvidia is up over 600%, turning every $1,000 invested into over $7,000. Those are some explosive returns for a company the size of Nvidia.

But are these gains sustainable? And what can current and prospective shareholders expect moving forward? Let's find out.

Nvidia's business focuses on one piece of crucial computing hardware: the graphics processing unit (GPU). Led by current CEO and founder Jensen Huang, Nvidia invented the GPU in 1999, which made real-time programmable shading possible for gaming graphics.

Continue reading

Source Fool.com