Is It Too Late to Buy Nvidia Stock?

Nvidia (NASDAQ: NVDA) may be down 22% from its 52-week high, but shares of the semiconductor stock have doubled over the past year. The stock is up over 600% in the last three years and nearly 1,000% higher than where it was at the start of 2017.

In contrast, the S&P 500 is up a measly 109% in the past five years, meaning had someone invested $10,000 in Nvidia shares back then, they would be sitting on well over $100,000 today versus a $20,000 or so gain in the index.

Certainly, no one will pass up their portfolio doubling in value, but if we could have seen it rise tenfold in that time frame, it raises the question, did investors miss out by waiting to buy in today? Is it too late to buy Nvidia stock now? Let's find out!

Source Fool.com